Precision of dichotomous choice contingent valuation welfare measures: some simulation results

被引：0

作者：

Huang, JC ^{[1
]}

机构：

[1] Univ New Hampshire, Dept Econ, Durham, NH 03824 USA

来源：

APPLIED ECONOMICS | 2001年 / 33卷 / 01期

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this research is to examine the roles of individuals' heterogeneous economic factors and model misspecification in dichotomous choice contingent valuation welfare measurement. Willingness to pay for an improvement of environmental quality is studied. Simulation results indicate that the precision of welfare estimates increases with individuals' income levels and decreases with the price of the quality-related good. The dependence of the consumption of the quality-related good on the environmental quality also affects the reliability of welfare estimates.

引用

页码：91 / 101

页数：11

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