13,029 research outputs found
The Provision Point Mechanism and Scenario Rejection in Contingent Valuation
The provision point mechanism mitigates free-riding behavior in economic experiments. In two contingent valuation method surveys, we implement the provision point design. We ask respondents for their perceptions about the success of the provision point mechanism. We find that respondents who believe that the provision point would not be met are more likely to say no to a contingent valuation dichotomous choice question. The scenario rejection that arises may result in biased willingness-to-pay estimates.provision point mechanism, contingent valuation, willingness to pay, public goods, Environmental Economics and Policy,
Benefit Transfer in the Field: Measuring the Benefits of Heterogeneous Wetlands using Contingent Valuation and Ecological Field Appraisals
Wetlands have functional values that may extend beyond traditional real estate values. This paper uses contingent valuation and ecological field assessments to place heterogeneous values on heterogeneous wetlands. Wetland functions evaluated are water quality, habitat, recreation, storing floodwaters and erosion abatement. The model used incorporates the public value of wetland functions and adds that value to the common local appraisal cost. We use a “percentage willingness-to-pay” value elicitation question in which respondents are asked about the percentage amount that the state government should pay over and above market value to purchase and preserve a wetland function. These values are then mapped into an ecological matrix to value the wetland as a whole. We show how these values can be applied in the field. Key Words: wetlands, appraisal, evaluation, mitigation, contingent valuation methodLength:
Linking Recreation Demand and Willingness to Pay with the Inclusive Value: Valuation of Saginaw Bay Coastal Marsh
In this paper we propose an alternative model for linking revealed preference and stated preference models of recreation when a single travel cost measure is difficult to obtain. We show that this model can be used to test convergent validity and offers an alternative scope test that does not rely on split-sample contingent valuation scenarios. Our results are mixed. In three of four models the inclusive value is negatively related to the willingness to donate but unrelated to the willingness to pay. This result suggests that recreation nonusers hold nonuse values while recreation users do not hold nonuse values.
Manned simulations of the SRMS in SIMFAC
SIMFAC is a general purpose real-time simulation facility currently configured with an Orbiter-like Crew Compartment and a Displays and Controls (D and C) Subsystem to support the engineering developments of the Space Shuttle Remote Manipulator (SRMS). The simulation consists of a software model of the anthropomorphic SRMS manipulator arm including the characteristics of its control system and joint drive modules. The following are discussed: (1) simulation and scene generation subsystems; (2) the SRMS task in SIMFAC; (3) operator tactics and options; (4) workload; (5) operator errors and sources; (6) areas for further work; and (7) general observations
The Willingness to Pay to Remove Billboards and Improve Mountain Views
We use the contingent valuation method to measure the amount citizens are willing to pay to improve mountain-view aesthetics through the removal of billboards. Our approach addresses both the perceived property rights as well as the perceptions of the status quo in the southern Appalachian Mountains. We find that individuals who retire to the mountains have different preferences for land use and mountain views than individuals who have ancestors who lived in Watauga County. In the aggregate, we find that citizens are willing to pay up almost one-half million dollars to remove billboards from Watauga County roadsides. This study provides insights to the debate surrounding land use in the mountains.
Green vs. Green: Measuring the Compensation Required to Site Electrical Generation Windmills in a Viewshed
A willingness to accept framework is used to measure the compensation required to allow wind generation windmills to be built in the mountains of North Carolina. We address why the NIMBY syndrome may arise when choosing site locations, the perceived property rights of view-sheds, as well as the perceptions of the status quo in the southern Appalachian Mountains. We find that individuals who perceive wind energy as a clean source of power require less compensation. Those who retire to the mountains or individuals who have ancestors from Watauga County require more compensation to accept windmills in their view-shed. We find that annual compensation is about twenty three dollars per household. In the aggregate, citizens need to be compensated by about one-half million dollars a year to allow wind electrical generation turbines in Watauga County. In addition, we find in a bivariate-probit analysis that individuals who are more likely to participate in a green energy program also are more likely to allow electrical generation wind mills in their view-shed suggesting that the green on green environmental debate is overstated.
Testing for Hypothetical Bias in Contingent Valuation Using a Latent Choice Multinomial Logit Model
The most persistently troubling empirical result in the contingent valuation method literature is the tendency for hypothetical willingness to pay to overestimate real willingness to pay. We suggest a new approach to test and correct for hypothetical bias using a latent choice multinomial logit (LCMNL) model. To develop this model, we extend Dempster, Laird, and Rubin’s (1977) work on the EM algorithm to the estimation of a multinomial logit model with missing information on categorical membership. Using data on both the quality of water in the Catawba River in North Carolina and the preservation of Saginaw wetlands in Michigan, we find two types of “yes” responders in both data sets. We suggest that one set of yes responses are yea-sayers who suffer from hypothetical bias and answer yes to the hypothetical question but would not pay the bid amount if it were real. The second group does not suffer from hypothetical bias and would pay the bid amount if it were real.C25, P230, Q51
Prospects for a civil/military transport aircraft
The similarities and disparities between commercial and military payloads, design features, missions, and transport aircraft are enumerated. Two matrices of civil/military transport aircraft designs were evaluated to determine the most cost effective payloads for a projected commercial route structure and air freight market. The probability of this market developing and the prospects for alternate route structures and freight markets are evaluated along with the possible impact on the aircraft designs. Proposals to stimulate the market and increase the viability of the common aircraft concept are reviewed and the possible impact of higher cargo demand on prospects for common civil/military freighters is postulated. The implications of planned advanced technology developments on the aircraft performance and cost are also considered
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Modelling fixed plant and algal dynamics in rivers: an application to the River Frome
The development of eutrophication in river systems is poorly understood given the complex relationship between fixed plants, algae, hydrodynamics, water chemistry and solar radiation. However there is a pressing need to understand the relationship between the ecological status of
rivers and the controlling environmental factors to help the reasoned implementation of the Water Framework Directive and Catchment Sensitive Farming in the UK. This research aims to create a dynamic, process-based, mathematical in-stream model to simulate the growth and competition of different vegetation types (macrophytes, phytoplankton and benthic algae) in rivers. The model,
applied to the River Frome (Dorset, UK), captured well the seasonality of simulated vegetation types (suspended algae, macrophytes, epiphytes, sediment biofilm). Macrophyte results showed that local knowledge is important for explaining unusual changes in biomass. Fixed algae simulations indicated the need for the more detailed representation of various herbivorous grazer groups,
however this would increase the model complexity, the number of model parameters and the required observation data to better define the model. The model results also highlighted that simulating only phytoplankton is insufficient in river systems, because the majority of the suspended algae have benthic origin in short retention time rivers. Therefore, there is a need for modelling tools that link the benthic and free-floating habitats
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