Estimation Of Willingness To Pay
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Estimation Of Willingness To Pay
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Author : Christoph Breidert
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-11-03
Estimation Of Willingness To Pay written by Christoph Breidert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-03 with Business & Economics categories.
With the Price Estimation scene (PE scene) Christoph Breidert introduces a new method to estimate willingness-to-pay. It works as an additional interview scene appended to conjoint analysis and offers the respondents a dynamically generated sequence of product choices with assigned prices. The customers indicate whether they would actually purchase the presented product profiles.
Estimating Willingness To Pay With Random Valuation Models
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2004
Estimating Willingness To Pay With Random Valuation Models written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Environmental protection categories.
Abstract: "This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats - open-ended, closed-ended, and the stochastic payment card (SPC) approach - were used with split random samples. WTP models with heterogeneous errors were constructed and estimated with the survey data. The SPC approach produces a higher estimation of the mean WTP than both the open-ended and closed-ended approaches, while results from the open-ended and closed-ended elicitation formats are similar. Furthermore, contrary to research findings obtained in the United States, this study finds higher WTP estimations with mail surveys than with personal interviews. This paper - a product of the Infrastructure and Environment Team, Development Research Group is part of a larger effort in the group to understand the economics of sustainable development in developing countries"--World Bank web site.
Estimating Willingness To Pay With Random Valuation Models
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Author : Hua Wang
language : en
Publisher:
Release Date : 2013
Estimating Willingness To Pay With Random Valuation Models written by Hua Wang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats-open-ended, closed-ended, and the stochastic payment card (SPC) approach-were used with split random samples. WTP models with heterogeneous errors were constructed and estimated with the survey data. The SPC approach produces a higher estimation of the mean WTP than both the open-ended and closed-ended approaches, while results from the open-ended and closed-ended elicitation formats are similar. Furthermore, contrary to research findings obtained in the United States, this study finds higher WTP estimations with mail surveys than with personal interviews.
Estimating Willingness To Pay With Random Valuation Models
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Author : Hua Wang
language : en
Publisher:
Release Date : 2016
Estimating Willingness To Pay With Random Valuation Models written by Hua Wang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
This paper presents a case study of willingness-to-pay (WTP) estimation using random valuation models. A contingent valuation survey was conducted in Yerevan, Armenia to estimate people's WTP for the protection of Lake Sevan. Three elicitation formats-open-ended, closed-ended, and the stochastic payment card (SPC) approach - were used with split random samples. WTP models with heterogeneous errors were constructed and estimated with the survey data. The SPC approach produces a higher estimation of the mean WTP than both the open-ended and closed-ended approaches, while results from the open-ended and closed-ended elicitation formats are similar. Furthermore, contrary to research findings obtained in the United States, this study finds higher WTP estimations with mail surveys than with personal interviews.This paper - a product of the Infrastructure and Environment Team, Development Research Group - is part of a larger effort in the group to understand the economics of sustainable development in developing countries.
Measuring Willingness To Pay For Electricity
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Author : Peter Choynowski
language : en
Publisher: DIANE Publishing
Release Date : 2008-05
Measuring Willingness To Pay For Electricity written by Peter Choynowski and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-05 with Technology & Engineering categories.
The measurement of willingness to pay for electricity relies critically on a reliable estimate of the demand for electricity function. Empirical work tends to assume that the demand for electricity has no satiation point. Many electricity demand models assume a constant price elasticity, which implies infinite demand at low prices. This report proposes a plausible functional form for the demand of electricity. The proposed functional form is consistent with two properties of electricity demand functions for households & firms, namely, the negative relationships between price & quantity, & the finiteness of demand at zero price. The report also demonstrates that this functional form of the demand function leads to easily estimable economic benefits of electricity.
Handbook Of Market Research
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Author : Christian Homburg
language : en
Publisher: Springer
Release Date : 2021-12-03
Handbook Of Market Research written by Christian Homburg and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-03 with Business & Economics categories.
In this handbook, internationally renowned scholars outline the current state-of-the-art of quantitative and qualitative market research. They discuss focal approaches to market research and guide students and practitioners in their real-life applications. Aspects covered include topics on data-related issues, methods, and applications. Data-related topics comprise chapters on experimental design, survey research methods, international market research, panel data fusion, and endogeneity. Method-oriented chapters look at a wide variety of data analysis methods relevant for market research, including chapters on regression, structural equation modeling (SEM), conjoint analysis, and text analysis. Application chapters focus on specific topics relevant for market research such as customer satisfaction, customer retention modeling, return on marketing, and return on price promotions. Each chapter is written by an expert in the field. The presentation of the material seeks to improve the intuitive and technical understanding of the methods covered.
Analyzing Decision Making
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Author : Jordan J. Louviere
language : en
Publisher: SAGE
Release Date : 1988-03
Analyzing Decision Making written by Jordan J. Louviere and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-03 with Business & Economics categories.
This volume introduces the theory, method, and applications of one type of conjoint analysis technique. These techniques are used to study individual judgement and decision processes and forecast the chosen behavior of individuals or the populations they represent.
Using Surveys To Value Public Goods
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Author : Robert Cameron Mitchell
language : en
Publisher: Resources for the Future
Release Date : 1989
Using Surveys To Value Public Goods written by Robert Cameron Mitchell and has been published by Resources for the Future this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.
Agricultural Productivity And Producer Behavior
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Author : Wolfram Schlenker
language : en
Publisher: University of Chicago Press
Release Date : 2019-11-13
Agricultural Productivity And Producer Behavior written by Wolfram Schlenker and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-13 with Business & Economics categories.
Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether agricultural productivity growth has been, and will be, associated with significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.
Applications Of Simulation Methods In Environmental And Resource Economics
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Author : Riccardo Scarpa
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-08-12
Applications Of Simulation Methods In Environmental And Resource Economics written by Riccardo Scarpa and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-12 with Business & Economics categories.
Simulation methods are revolutionizing the practice of applied economic analysis. In this book, leading researchers from around the world discuss interpretation issues, similarities and differences across alternative models, and propose practical solutions for the choice of the model and programming. Case studies show the practical use and the results brought forth by the different methods.