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Does respondent’s perceived knowledge of the status quo affect attribute attendance and WTP in choice experiments? Evidence from the Karapiro Catchment Freshwater streams AgEcon
Marsh, Dan; Mkwara, Lena Asimenye; Scarpa, Riccardo.
In environmental valuation studies with stated preference methods researchers often provide descriptions of status quo conditions which may differ from those perceived by respondents. Ignoring this difference in utility baselines may affect the way attributes are attended to in choice tasks and further affect the magnitude of utility changes and hence bias the implied estimates of benefits from the proposed environmental policies. We investigate this issue using data from a choice experiment on a community’s willingness to pay for water quality improvements in streams. About 60% of respondents perceived the description of the quality of water in streams to be better than the one we provided in our scenario. Our results show some differences in serial...
Tipo: Conference Paper or Presentation Palavras-chave: Choice experiments; Fixed status quo; People’s perceived status quo; Willingness to pay.; Community/Rural/Urban Development; Environmental Economics and Policy; Health Economics and Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/96809
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Comparing Welfare Estimates from Fixed Status Quo Attributes vs People’s Perceived Attributes of Water Quality AgEcon
Marsh, Dan; Mkwara, Lena Asimenye.
Data from a choice experiment on the community’s preferences for water quality improvements in streams was used to assess the effect of using a fixed status quo versus people’s perceived status quo on willingness to pay values. More than 50% of respondents perceived the quality of water in streams to be different to the status quo in the initial experimental design. Study results have shown that respondents who opted for their own perceived status quo alternative had stronger preferences and higher willing to pay for water quality improvements than their counterparts.
Tipo: Conference Paper or Presentation Palavras-chave: Choice experiments; Fixed status quo; People’s perceived status quo; Willingness to pay; Agricultural and Food Policy; Community/Rural/Urban Development; Crop Production/Industries; Environmental Economics and Policy; Farm Management; Health Economics and Policy; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/97155
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