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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
The Effect of Protest Votes on the Estimates of Willingness to Pay for Use Values of Recreational Sites | |
Elisabetta Strazzera; Margarita Genius; Riccardo Scarpa; George Hutchinson | |
发表日期 | 2001 |
出处 | Climate Change and Sustainable Development |
出版年 | 2001 |
语种 | 英语 |
摘要 | Selectivity bias caused by protest responses in Contingent Valuation studies can be detected and corrected by means of sample selection models. This paper compares two methods: the Heckman 2-steps method and the full ML, applied to data on forest recreation - where WTP is elicited as a continuous variable. Either method has its own drawback: computational complexity for the ML method, susceptibility to collinearity problems for the 2-steps method. The latter problem is observed in our best fitting specification, with the ML estimator outperforming the 2-steps. In this application, overlooking the effect of protest responses would cause an upwards bias of the final estimates of WTP. |
特色分类 | C35,C51,C81,D60,H41,Q26 |
关键词 | Contingent valuation,protest responses,sample selection,MLE,two-steps method |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-effect-of-protest-votes-on-the-estimates-of-willingness-to-pay-for-use-values-of-recreational-sites/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116700 |
推荐引用方式 GB/T 7714 | Elisabetta Strazzera,Margarita Genius,Riccardo Scarpa,et al. The Effect of Protest Votes on the Estimates of Willingness to Pay for Use Values of Recreational Sites. 2001. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2001-097.pdf(709KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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