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| Dietz, Brian. |
| Environmental economists using contingent valuation (CV) surveys are often interested in estimating the population willingness to pay (WTP) for some intervention from a sample of individuals randomly drawn from some population of interest. These surveys collect information on bids or WTP amounts and various demographic and socioeconomic characteristics about the respondents that is used to estimate descriptive statistics (such as mean or median WTP) or regression equations (such as bid or WTP functions). Statistical errors can occur when either the framework from which the sample was drawn is ignored or when the sampled elements are used to incorrectly infer relationships for a target. These errors will often cause biased WTP estimates, although the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2001 |
URL: http://purl.umn.edu/20462 |
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| Mancino, Lisa; Dietz, Brian. |
| The purpose of this paper will be to develop and present a new approach for examining the demand for meat by incorporating many of the advances in behavioral economics. By providing a closer approximation to how consumers actually behave, doing so should improve upon existing models. Incorporating findings from behavioral studies will also provide a richer theoretical basis to correct for the longstanding problem of endogeniety in cross-sectional studies. The theoretical model in this study begins with the Becker household production model, where individuals are assumed to maximize utility, subject to their production functions, budget constraint and time constraint. To develop a model that more accurately depicts how individual's make their food choices,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Meat Demand; Behavioral Economics; Information and Nutrition; Demand and Price Analysis. |
| Ano: 2002 |
URL: http://purl.umn.edu/24944 |
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