Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2017.03.031 |
Stability of Willingness-to-Pay for Coastal Management: A Choice Experiment Across Three Time Periods | |
Matthews, Yvonne1; Scarpa, Riccardo1,2,3; Marsh, Dan1 | |
2017-08-01 | |
发表期刊 | ECOLOGICAL ECONOMICS |
ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2017 |
卷号 | 138 |
文章类型 | Article |
语种 | 英语 |
国家 | New Zealand; Italy; England |
英文摘要 | A key assumption of stated preference methods is that individuals have well-formed preferences that are robust over time. Both the discovered and constructed preference perspectives imply this is not necessarily the case. There can be a large situational component to expressed preferences that add to the uncertainty of sampling error. Most non-market valuation studies only collect data from one point in time so the degree of temporal variability cannot be tested. Test-retest studies that provide data from two points in time generally find significant differences in preference structure and willingness-to-pay (WTP). In this study we test stability of WTP for beach erosion management using a fully ranked discrete choice experiment survey with not one but two retests over a six month period. We find that stability does not improve with the additional repetition as the preference discovery hypothesis implies it might. WTP confidence intervals overlap but the models are significantly different at each point in time, even after allowing for variation in choice error. Either the survey did not facilitate sufficient preference discovery or preferences were reconstructed. However, respondents with high scores of self-reported certainty in their choices in the first survey had significantly more stable WTP estimates. (C) 2017 Elsevier B.V. All rights reserved. |
英文关键词 | Preference stability Choice experiment Coastal erosion management New Zealand |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000402215800008 |
WOS关键词 | TEST-RETEST RELIABILITY ; TEMPORAL STABILITY ; STATED PREFERENCE ; SCALE ; MODELS ; HYPOTHESIS ; VALUATION ; SELECTION ; BENEFITS ; LOGIT |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16103 |
专题 | 资源环境科学 |
作者单位 | 1.Univ Waikato, Waikato Management Sch, Hamilton, New Zealand; 2.Univ Verona, Dept Business Econ, Verona, Italy; 3.Univ Durham, Sch Business, Durham, England |
推荐引用方式 GB/T 7714 | Matthews, Yvonne,Scarpa, Riccardo,Marsh, Dan. Stability of Willingness-to-Pay for Coastal Management: A Choice Experiment Across Three Time Periods[J]. ECOLOGICAL ECONOMICS,2017,138. |
APA | Matthews, Yvonne,Scarpa, Riccardo,&Marsh, Dan.(2017).Stability of Willingness-to-Pay for Coastal Management: A Choice Experiment Across Three Time Periods.ECOLOGICAL ECONOMICS,138. |
MLA | Matthews, Yvonne,et al."Stability of Willingness-to-Pay for Coastal Management: A Choice Experiment Across Three Time Periods".ECOLOGICAL ECONOMICS 138(2017). |
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