G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Valuing the Cultural Monuments of Armenia: Bayesian Updating of Prior Beliefs in Contingent Valuation
Anna Alberini; Alberto Longo
发表日期2007
出处Climate Change and Sustainable Development
出版年2007
语种英语
摘要We use contingent valuation to place a value on the conservation of built cultural heritage sites in Armenia. When we present the hypothetical scenario in the questionnaire we spell out what would happen to the monuments in the absence of the government conservation program. We posit that respondents combine such information with their own prior beliefs, which the questionnaire also elicits, and that the WTP for the good or program is likely to be affected by these updated beliefs. We propose a Bayesian updating model of prior beliefs, and empirically implement it using the data from our survey. We find that uncertainty about what would happen to the monument in the absence of the program results in lower WTP amounts.
特色分类Z10
关键词Valuation of Cultural Heritage Sites,Non-Market Valuation,Contingent Valuation,Bayesian Updating,Prior Beliefs
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/valuing-the-cultural-monuments-of-armenia-bayesian-updating-of-prior-beliefs-in-contingent-valuation/
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/117455
推荐引用方式
GB/T 7714
Anna Alberini,Alberto Longo. Valuing the Cultural Monuments of Armenia: Bayesian Updating of Prior Beliefs in Contingent Valuation. 2007.
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