A nationwide survey was conducted to estimate welfare associated with a proposed large-scale wetland restoration project in coastal Louisiana. Both binary-and multinomial-choice survey instruments were administered via Knowledge Networks, with the latter used to estimate willingness to pay for increments in three ecosystem services: wildlife habitat provision, storm surge protection, and fisheries productivity. Results indicate that confidence in government agencies, political leanings, and "green" lifestyle choices were significant explanatory factors. All three ecosystem services significantly affected project support, with increased fisheries productivity having the largest marginal effect, followed by improved storm surge protection, and increased wildlife habitat. Willingness to pay (WTP), in the form of a one-time tax, is

This paper presents one of very few analyses of the decision to undertake wind mitigation measures, and the only study to analyze the decision to purchase wind coverage for individuals whose standard homeowner's policy excludes wind. A simultaneous mixed-process approach is used that allows for correlated disturbances across probit (insurance) and tobit (mitigation) equations. Results indicate a positive correlation between the errors of the insurance and mitigation models; conditioning on covariates, households that hold wind insurance tend to engage in greater levels of wind mitigation. Thus, the data imply two types-households that purchase insurance and mitigate and others that do neither.

This paper presents one of very few analyses of the decision to undertake wind mitigation measures, and the only study to analyze the decision to purchase wind coverage for individuals whose standard homeowner's policy excludes wind. A simultaneous mixed-process approach is used that allows for correlated disturbances across probit (insurance) and tobit (mitigation) equations. Results indicate a positive correlation between the errors of the insurance and mitigation models; conditioning on covariates, households that hold wind insurance tend to engage in greater levels of wind mitigation. Thus, the data imply two types-households that purchase insurance and mitigate and others that do neither.

No abstract

The objective of this study was to test for the effect of consequentiality on the probability of a respondent opting out of voting in a stated preference survey. We find that respondents who believe that the survey is inconsequential are more likely to opt out than to vote yes in both binomial-choice and multinomial-choice formats and are more likely to vote no than to opt out in the multinomial-choice format. We also find that respondents who are uncertain about consequentiality are more likely to opt out than to choose yes or no under both choice formats.