TY - JOUR
T1 - Using a spike model to deal with zero response data from double bounded dichotomous choice contingent valuation surveys
AU - Yoo, Seung Hoon
AU - Kwak, Seung Jun
N1 - Copyright:
Copyright 2008 Elsevier B.V., All rights reserved.
PY - 2002/11/15
Y1 - 2002/11/15
N2 - Modelling public behaviour with the data from double bounded dichotomous choice contingent valuation surveys is often complicated by zero willingness to pay (WTP) responses in the sample. To deal with the zero response data to obtain an appropriate welfare measure such as the mean and median WTP, the spike model suggested by Kriström (American Journal Agricultural Economics, 79, 1013-23, 1997) is used. The overall results indicate that the spike model outperforms the conventional model significantly.
AB - Modelling public behaviour with the data from double bounded dichotomous choice contingent valuation surveys is often complicated by zero willingness to pay (WTP) responses in the sample. To deal with the zero response data to obtain an appropriate welfare measure such as the mean and median WTP, the spike model suggested by Kriström (American Journal Agricultural Economics, 79, 1013-23, 1997) is used. The overall results indicate that the spike model outperforms the conventional model significantly.
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U2 - 10.1080/13504850210139378
DO - 10.1080/13504850210139378
M3 - Article
AN - SCOPUS:0037112575
SN - 1350-4851
VL - 9
SP - 929
EP - 932
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 14
ER -