A Bayesian approach to double bounded contingent valuation

Environmental and Resource Economics

Volumn 11, Issue 2, 1998, Pages 197-215

  León, Carmelo J ^a   Vázquez Polo, Francisco José ^a  

^a UNIVERSITY OF LAS PALMAS DE GRAN CANARIA   (Spain)

Author keywords

Bayesian methods; Contingent valuation; Dichotomous choice

Indexed keywords

FUNCTIONS; MATHEMATICAL MODELS;

BAYESIAN METHOD; CONTINGENT VALUATION; LIKELIHOOD FUNCTION;

ENVIRONMENTAL PROTECTION;

ENVIRONMENTAL ECONOMICS; MODELLING APPROACH; TOURISM RESEARCH;

CANARY ISLANDS;

EID: 0032031866     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008266030455     Document Type: Article

References (24)

1. Boyle, K.J., F.R. Johnson, D.W. McCollum, W.H. Desvousges, R.W. Dunford and S.P. Hudson (1996), 'Valuing Public Goods: Discrete versus Continuous Contingent Valuation Responses', Land Economics 72(3), 381-396.
2. Brown, T.C., P.A. Champ, R.C. Bishop and D.W. McCollum (1996), 'Which Response Format Reveals the Truth about Donations to a Public Good?', Land Economics 72(2), 152-166.
3. Cameron, T.A. and M.D. James (1987),' Efficient Estimation Methods for "Closed-Ended" Contingent Valuation Surveys', The Review of Economics and Statistics 69, 269-276.
4. Cameron, T.A. and J. Quiggin (1994), 'Estimation Using Contingent Valuation Data from a Dichotomous Choice with Follow Up Questionnaire', Journal of Environmental Economics and Management 27, 218-234.
5. Cano, J.A., A. Hernández and E. Moreno (1986), 'Posterior Measure under Partial Prior Information', Statistica XLVI (2), 219-230.
6. Carson, R.T., R.C. Mitchell, W.M. Hanemann, R.J. Kopp, S. Presser and P.A. Ruud (1992), 'A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill', A report to the Attorney General of State of Alaska, November.
7. Cooper, J.C. (1993), 'Optimal Bid Selection for Dichotomous Contingent Valuation Surveys', Journal of Environmental Economics and Management 24, 25-40.
8. Crocker, T.D. and J.F. Shogren(1991), 'Preference Learning and Contingent Valuation Methods', in F. Dietz, F. van der Ploeg and J. van der Straaten, eds., Environmental Policy and the Economy, Elsevier Science Publishers, B.V., pp. 77-93.
9. Hanemann, W.M. (1984), 'Welfare Evaluations in Contingent Valuation Experiments with Discrete Response', American Journal of Agricultural Economics 66, 332-341.
10. Hanemann, W.M. (1985), 'Some Issues in Continuous- and Discrete-Response Contingent Valuation Studies', Northeastern Journal of Agricultural Economics, pp. 5-13.
11. Hanemann, W.M., J. Loomis and B. Kanninen (1991), 'Statistical Efficiency of Double-bounded Dichotomous Choice Contingent Valuation', American Journal of Agricultural Economics 73, 1255-1263.
12. Harrison, G.W. and B. Kriström (1995), 'On the Interpretation of Responses in Contingent Valuation Surveys', in P-O. Johansson, B. Kriström, and K-G. Mäler, eds., Current Issues in Environmental Economics, Manchester University Press, pp. 35-57.
13. Hernández, A., J.H. McCray and F.J. Vázquez-Polo (1995), 'Modifying Likelihoods by Prior Information in Business Statistics', Working paper, Dpt. of Applied Economics. University of Las Palmas de G.C.
14. Herriges, J.A. and J.F. Shogren (1996), 'Starting Point Bias in Dichotomous Choice Valuation with Follow-Up Questioning', Journal of Environmental Economics and Management 30, 112-131.
15. Imber, D., G. Stevenson and L. Wilks (1991), 'A Contingent Valuation Survey of the Kakadu Conservation Zone, Camberra', Australian Government Publishing Service for the Resource assessment Commission.
16. Jaynes, E.T. (1968), 'Prior Probabilities', IEEE Transactions on Systems Science and Cybernetics SSC-4, 227-241.
17. Krinsky, I. and A.L. Robb (1986), 'On Approximating the Statistical Properties of Elasticities', Review of Economics and Statistics 68, 715-719.
18. Kriström, B. (1990), 'Valuing Environmental Benefits Using the Contingent Valuation Method', Umea Economic Studies 219, University of Umea
19. Kuo, L. (1988), 'Linear Bayes Estimator of the Potency Curve in Bioassay', Biometrika 75, 91-96.
20. León, C.J. (1996a), 'Double Bounded Survival Values for Preserving the Landscape of Natural Parks', Journal of Environmental Management 46(2), 103-118.
21. León, C.J. (1996b), 'Comparing Dichotomous Choice Models Using Truncated Welfare Estimates', Journal of Forest Economics 2(1), 31-54.
22. McCray, J.H. (1984), 'A Quasi-Bayesian Audit Risk Mode for Dollar Unit Sampling', The Accounting Review LIX (1), 35-51.
23. McFadden, D. (1994), 'Contingent Valuation and Social Choice, American Journal of Agricultural Economics 76, 689-708.
24. Ready, R.C., J.C. Buzby and D. Hu (1996), 'Differences Between Continuous and Discrete Contingent Values Estimates', Land Economics 72(3), 397-411.