e-journal

Modelling outcome-related risk in choice experiments

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In this study, we introduce information on outcome-related risk as an additional attribute in a choice model of preferences for a land-based climate change mitigation project. We provide a comprehensive comparison of different model specifications arising from different behavioural assumptions about the way that respondents process information on outcome-related risk within the choice task. We find significant differences between several specifications in terms of both model fit and WTP estimates. The behavioural assumptions made when choosing a particular model specification, and reasons that motivate them should be made explicit, and consequences of using different specifications should not be ignored

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Ketersediaan

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Informasi Detail

Judul Seri

Agricultural and Resource Economics

No. Panggil

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Penerbit

: Australian Journal of Agricultural and Resource Economic., 2013

Deskripsi Fisik

Australian Journal of Agricultural and Resource Economics, 57, pp. 559–578, 2013

Bahasa

English

ISBN/ISSN

doi: 10.1111/1467-84

Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

57, 2013

Subjek

Pertanian dan Sumberdaya Ekonomi

Info Detail Spesifik

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Pernyataan Tanggungjawab

deliza

Versi lain/terkait

Lampiran Berkas

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