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Registros recuperados: 17 | |
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Kipperberg, Gorm; Larson, Douglas M.. |
This paper investigates consumers willingness to pay money (WTPM) and willingness to pay time (WTPT) for an improvement in a public good. Joint estimation of WTPM, WTPT, and the value of time, in the context of an increase in community-wide recycling, suggests that consumers have a higher money-equivalent WTP when they are directly involved in the provision of the public good, through their time effort. We conclude that the "payment currency" matters. This may have important implications for the design and promotion of public programs aimed at producing improved public good provision. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Public Economics. |
Ano: 2005 |
URL: http://purl.umn.edu/19223 |
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Kovacs, Kent F.; Larson, Douglas M.. |
An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time frame of the payment schedule is varied across surveys. We find discount rates similar to the rates found in the recent revealed preference and experimental literature of around 30%. Our CVM question addresses the preservation of additional open space adjacent to a large regional park at the urban fringe of Portland, Oregon. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy; H43; Q51; Q15. |
Ano: 2007 |
URL: http://purl.umn.edu/9743 |
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Kovacs, Kent F.; Larson, Douglas M.. |
Public open spaces around and within urban areas have been increasingly developed due to greater population pressures. My paper investigates if land around public open spaces is likely to get developed faster since households are attracted to the recreation value as well as the environmental amenities of the public open space. There has been inadequate attention in the literature to the influence of the different sources of value of open space on housing prices. While views of open space are certainly an important source of value to households, public open space is also valued because households enjoy recreation at the open space. Adopting the monocentric city model, simulations examine how the different sources of value of public open space influence... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Public Economics. |
Ano: 2005 |
URL: http://purl.umn.edu/19149 |
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Loomis, John B.; Yorizane, Shizuka; Larson, Douglas M.. |
Inclusion of multi-destination and multi-purpose visitors has an appreciable influence on a standard count data travel cost model derived estimate of willingness to pay but the differences are not statistically significant. We adapt a more general travel cost model (TCM) of Parsons and Wilson (1997) that allows for inclusion of multi-destination visitors as incidental demand to allow estimation of an unbiased measure of single and multi-destination willingness to pat for whale viewing using a single pooled equation. The primary purpose trip values from the standard TCM and simple generalized TCM model are identical at $43 per person per day and neither are significantly different from the $50 day value from a generalized model that distinguishes between... |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/31308 |
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Sutton, William R.; Larson, Douglas M.; Jarvis, Lovell S.. |
The costs of living with wildlife are assessed using Namibian subsistence farmers willingness to pay (WTP) for deterrents to attacks on crops and livestock as a measure of damage costs. A utility-theoretic approach jointly estimates household WTP for deterrent programs in two currencies, maize and cash. This has a double payoff. Use of a noncash staple increases respondent comprehension and provides more information about preferences, improving the accuracy of results. The household shadow value of maize is also identified. Significant costs from living with elephants and other types of wildlife are demonstrated. Compensation for farmers may be warranted on equity and efficiency grounds. Uncontrolled domestic cattle generate even higher costs to farmers... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/11951 |
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Registros recuperados: 17 | |
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