Contingent Valuation- Analysis of Interval Open-Ended Data

Sammanfattning

This paper presents an approach to estimate willingness to pay distributions when respondents are allowed to state their valuations as an open-ended interval rather than as a point. It is argued that asking about an interval has several advantages compared to traditional valuation questions; it captures potential valuation uncertainty, gives a higher response rate, and above all, it gives a richer set of information about individuals preferences

Nyckelord

classical and interval open-ended question; contingent valuation; middle censored data; survival analysis; valuation uncertainty

Publicerad i

Utgivare: Institutionen för Skogsekonomi

SLU redaktörer

• Håkansson, Cecilia

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Ekonomi och näringsliv
Samhällsvetenskap

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/6952