The contingent valuation of natural parks: assessing the warmglow propensity factor
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Buch |
| Sprache: | English Portuguese |
| Veröffentlicht: |
Cheltenham [u.a.]
Elgar
2002
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| Schriftenreihe: | New horizons environmental economics
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| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXII, 258 S. Ill., graph. Darst. |
| ISBN: | 1840649453 |
Internformat
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| 245 | 1 | 0 | |a The contingent valuation of natural parks |b assessing the warmglow propensity factor |c Paulo A. L. D. Nunes |
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Datensatz im Suchindex
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| adam_text | The Contingent Valuation
Assessing the Warmglow Propensity Factor
Paulo ALD Nunes
Senior Economist, Faculty of Economics,
Free University Amsterdam, The Netherlands
Visitor in Centre for Economic Studies,
Catholic University Leuven, Belgium
Research Leader, Centre of Excellence for Sustainable
Development in the Mediterranean Coastal Areas, University
of Venice, Italy
NEW HORIZONS IN ENVIRONMENTAL ECONOMICS
Cheltenham, UK ° Northampton, MA, USA
List of Figures xi
List of Tables xii
List of Abbreviations and Symbols xiv
Preface xviii
PART I:
ECONOMIC VALUATION, WAR WIG LOW AND PREFERENCE MODELLING 1
1 Values, Valuation Methods and Contingent Valuation: An Overview 3
1 1 Introduction 3
1 2 The concept of total economic value 4
1 3 Monetary valuation methods 5
1 4 The contingent valuation methodology 7
141 Some historical benchmarks in the CV research path 8
1411 Reagan Executive Order and the re-interpretation of CERCLA 8
1412 The Exxon Valdez report 9
1413 The NOAA Panel 10
1 5 CV theoretical underpinning 11
151 The basic model 11
152 Measures of welfare change 13
1521 Consumer s surplus 13
1522 Hicksian compensating and Hicksian equivalent measures 14
The Hicksian compensating measure 14
The Hicksian equivalent 15
1523A comparison of the three measures 16
153 Operationalization of the welfare change derived from the CV responses: an
overview of the statistical model specifications 19
1531 Bishop and Heberlein s approach 19
1532 Michael Hanemann s approach 19
1533 Trudy Cameron s approach 20
1 6 Conclusions 20
vi CONTENTS
2 Evaluating CV Measurement Validity: Separating the Light from the Heat 21
2 1 Introduction 21
2 2 CV survey instrument and potential measurement bias 22
221 Information 22
2211 Description of the environmental change with the proposed policy 23
2212 Description of the contingent market 23
2213 Survey elicitation question 24
Bidding game 24
Open-ended 24
Payment card 25
Dichotomous choice 26
Dichotomous choice with one follow-up 26
222 Strategic behaviour in the WTP responses 27
2221 Strategic behaviour vs the choice of the question elicitation format 27
2222 Strategic behaviour and the choice of the payment vehicle 29
2223 Strategic behaviour and the level of information in the survey 31
223 Hypothetical bias 31
224 Other potential biases 34
2 3 Hausman critique: valuation embedding phenomenon 34
231 Scope effect 35
232 Sequence effect 36
233 Sub-additivity effect 37
2 4 The Kahneman and Knetsch theory for CV embedding: the purchase of moral
satisfaction 39
2 5 Conclusions 41
3 Modelling Consumer Preferences 43
3 1 Introduction 43
3 2 The multiattribute model formulation 44
321 The introduction of consumer motivation functions 44
322 Integration of concepts: the valuation model 45
3 3 Modelling individual consumer strategic behaviour 48
331A simple representation of voluntary contribution behaviour 48
332A simple representation of referendum tax behaviour 52
3 4 Exploring the properties of the voluntary contributions 55
341 Some comparative static results: the general approach 57
3411A change in M 59
3412A change in the/) coefficient 61
3413A change in the r coefficient 63
3414A change in the 9 coefficient 64
3415A change in q 66
342 Comparative static results: a bridge with the empirical results 67
3 5 Conclusions 68
CONTENTS vii_
PART II:
SURVEY DESIGN AND IMPLEMENTATION 69
4 Preliminary Design Research
4 1 Introduction
4 2 Scenario formulation
421 Description of the protection scenarios: research goals
422 The Alentejo Natural Park: wilderness areas, recreational areas, and tourism
development
4 3 Key design issues
431 Welfare measure
432 Elicitation question format
433 Design of the bid vector
434 Payment vehicle
435 Market conditions and agents involved
4 4 Preliminary survey design research
441 Focus groups
First session
Second session
442 Formal field testing
Pilot I - Lisbon s metropolitan area
Pilot II - Rural parish of Pousos, Leiria
Pilot III - Parish of Ajuda, Lisbon
4 5 Conclusions
5 Structure of the Final Survey Instrument
5 1 Introduction
5 2 Section A
521 General issues
522 Environmental issues
523 Natural Protected Areas issues
5 3 Section B
531 Alentejo Natural Area
532 Protection scenario
533 Tourism development scenarios
5 4 Section C
541 Information level
542 Payment vehicle
543 Valuation questions
544 Debriefing of the no-no WTP responses
5 5 Section D
551 Motivation factors
552 Socio-economic questions
5 6 Section E: follow-up questions
5 7 Conclusions
viii CONTENTS
6 Survey Execution 89
6 1 Introduction 99
6 2 The sampling design 99
6 3 Interviewer training 100
6 4 Field supervision and data validation 102
6 5 Conclusions 102
PART III:
ANALYSIS OF THE SURVEY RESULTS 103
7 Descriptive Analysis of the Survey Responses 105
7 1 Introduction 105
7 2 Opinion with respect to governmental policy action and nature conservation issues 105
7 3 WTP responses 107
7 4 Demographic and socio-economic responses 108
7 5 Interviewer assessment responses 111
7 6 Conclusions 112
8 Non-parametric Testing Procedures of the Stated WTP Responses 113
8 1 Introduction 113
8 2 The survey formats 113
8 3 Stated WTP responses: testing procedures 114
8 3 1 No-no responses 114
832 Testing for the presence of valuation anchoring 117
Single bounded response model 117
Double bounded response model 118
833 Testing for the presence of free riding 119
Single bounded response model 119
Double bounded response Model 120
8 4 Conclusions 122
9 A Univariate Estimation of the Stated WTP Responses 123
9 1 Introduction 123
9 2 The model 123
9 3 Estimated WTP 125
9 4 Sensitivity analysis of the WTP estimates 130
9 5 Conclusions 134
10 Operationalization of Consumer Motivations 135
10 1 Introduction 135
10 2 Factor analysis 136
10 3 Empirical results 138
10 3 1 Initial extraction of factors 138
10 3 2 Confirmatory factor analysis 140
CONTENTS ix_
10 3 3 Estimation of the consumer motivation factor scores 142
10 4 Conclusions 146
11 The Valuation Function 147
11 1 Introduction 147
11 2 Empirical model specification 147
11 3 Estimation of the valuation function 150
11 3 1 Interpretation of the estimation results 152
Motivation factor scores 152
Residential area 153
Age 154
Occupation 154
Education 154
Payment vehicle 155
Net income 155
Household dimension and protests 155
11 4 Sensitivity analysis of the stated WTP responses with respect to the motivation factor
scores 155
11 4 1 Wilderness Areas protection programme 156
11 4 2 Recreational Areas protection programme 157
11 4 3 Wilderness and Recreational Areas protection programme 157
11 5 The warmglow valuation transmission effect 158
11 5 1 Predicting individual WTP responses 158
11 5 2 Predicting a dry WTP response 159
11 5 3 Analysis of the dry WTP: re-visiting the adding-up property 161
11 6 What does the empirical evidence say about the structure of preferences? 162
11 6 1 Do CV responses reflect true preferences? 162
11 6 2 Should we not correct the original estimates and use the dry WTP measures in
cost-benefit analysis? 163
11 7 Conclusions 164
12 Conclusions 165
PART IV:
APPENDICES AND BIBLIOGRAPHY 171
A Derivation of Comparative Static Results 173
A I The D expression 173
A 2 General approach 173
A21A change in M 174
A22A change in the p coefficient 175
A23A change in the r coefficient 177
A24A change in the 0 coefficient 179
A25A change in q 181
CONTENTS
B Comprehension Index 184
C The Survey Instrument: Questionnaire and Visual Aid 185
D Public Opinion With Respect to Government Policy Issues 229
E Information Context: Multivariate Regression Analysis 231
F Factor Analysis 233
F I Motivation factor model 233
F 2 Estimation method 234
G Warmgiow Payment Vehicle Cross Effect: Estimation Results 237
Bibliography 239
Index 251
|
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| isbn | 1840649453 |
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| spelling | Nunes, Paulo Verfasser aut The contingent valuation of natural parks assessing the warmglow propensity factor Paulo A. L. D. Nunes Cheltenham [u.a.] Elgar 2002 XXII, 258 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier New horizons environmental economics Beitr. teilw. engl., teilw. portug. Contingent Valuation (DE-588)4518280-2 gnd rswk-swf Naturpark (DE-588)4075237-9 gnd rswk-swf Naturpark (DE-588)4075237-9 s Contingent Valuation (DE-588)4518280-2 s DE-604 HEBIS Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017430509&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Nunes, Paulo The contingent valuation of natural parks assessing the warmglow propensity factor Contingent Valuation (DE-588)4518280-2 gnd Naturpark (DE-588)4075237-9 gnd |
| subject_GND | (DE-588)4518280-2 (DE-588)4075237-9 |
| title | The contingent valuation of natural parks assessing the warmglow propensity factor |
| title_auth | The contingent valuation of natural parks assessing the warmglow propensity factor |
| title_exact_search | The contingent valuation of natural parks assessing the warmglow propensity factor |
| title_full | The contingent valuation of natural parks assessing the warmglow propensity factor Paulo A. L. D. Nunes |
| title_fullStr | The contingent valuation of natural parks assessing the warmglow propensity factor Paulo A. L. D. Nunes |
| title_full_unstemmed | The contingent valuation of natural parks assessing the warmglow propensity factor Paulo A. L. D. Nunes |
| title_short | The contingent valuation of natural parks |
| title_sort | the contingent valuation of natural parks assessing the warmglow propensity factor |
| title_sub | assessing the warmglow propensity factor |
| topic | Contingent Valuation (DE-588)4518280-2 gnd Naturpark (DE-588)4075237-9 gnd |
| topic_facet | Contingent Valuation Naturpark |
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