Identifying inconsistent responses in dichotomous choice contingent valuation with follow-up questions

Kang, Heechan; Haab, Timothy C.; Interis, Matthew G.

doi:10.1016/j.reseneeco.2013.04.005

Cited by 5 publications

(4 citation statements)

References 25 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…171 Cancer itself minimizes survival time; 172 moreover, chemotherapeutic agents treat cancer but simultaneously are responsible for aberrant toxic effects on the vital organ as well as the immunity. 1,92,94,100,173 Oxidative stress and disease condition as well as impaired functionality of vital organs ultimately results in the shortening of life. 174 The cytoprotective mechanisms of pentacyclic triterpenoids include their interactions with the components of longevity pathways like mitochondrial and endoplasmic reticulum protein response, like heat shock proteins (HSP), ROS responses like SOD, xenobiotic detoxication response like GST, insulin/IGF-1 signaling, autophagy and transcriptional factor like NrF2.…”

Section: Multifunctionality Of Pentacyclic Triterpenoids As Adjuvants...mentioning

confidence: 99%

Multifunctional pentacyclic triterpenoids as adjuvants in cancer chemotherapy: a review

2014

View full text Add to dashboard Cite

show abstract

Section: Multifunctionality Of Pentacyclic Triterpenoids As Adjuvants...mentioning

confidence: 99%

Multifunctional pentacyclic triterpenoids as adjuvants in cancer chemotherapy: a review

2014

View full text Add to dashboard Cite

show abstract

“…Previous studies have identified that the contingent valuation survey method (Altaf, 1994;Kang, Haab, & Interis, 2013;Torres, Green, & Ortúzar, 2013), travel costs method (Chae, Wattage, & Pascoe, 2012;Gürlük & Rehber, 2008) and hedonic price method (Chan, So, Tang, & Wong, 2012;Cotteleer & Kooten, 2012) are the most used for determining the implicit price of an attribute for substitution with a less desired option.…”

Section: The Hedonic Price Methodsmentioning

confidence: 99%

“…Among the three, the contingent valuation method is often considered not reliable because it is based on what people say they will do rather than what people are observed to do (Kang et al, 2013) and the travel cost model method is only good for valuating site-specific attributes (Chae et al, 2012;Gürlük & Rehber, 2008). The hedonic price method estimates value based on actual choices, is considered the most suitable for valuating price for various architectural and environmental attributes (Cotteleer & Kooten, 2012).…”

Section: The Hedonic Price Methodsmentioning

confidence: 99%

Development of price models for architectural and environmental quality for residential developments in Hong Kong

Fung

Lee

2014

Habitat International

View full text Add to dashboard Cite

a b s t r a c tFactors affecting a residential unit's price are always of interest to homebuyers and building developers, especially in a city like Hong Kong which is known for expensive housing. Literature review indicates that the governing factors can be categorized into architectural and environmental attributes. Among different methods commonly used for pricing, the hedonic price approach is viewed as the most suitable. However, the successful use of this method requires that homebuyers know and choose the attributes. Whilst choosing architectural attributes are not a problem for homebuyers, the same does not apply to environmental attributes. Previous studies by the authors have proposed some simple indicators for quantifying the environmental attributes. Based upon the developed performance indicators and the transaction records of two representative housing estates (Royal Ascot ¼ RA and City One Shatin ¼ COS), details of the properties, including transaction prices, architectural particulars and environmental characteristics were numerically transformed for the hedonic price analysis. The analysis results revealed that the willingness to pay (percentage of house price in parenthesis) for architectural and environmental attributes was HK$302.3/ft 2 (5.8%) and HK$886.8/ft 2 (28.2%), respectively, for RA and HK$1672.7/ ft 2 (31.9%) and HK$111.5/ft 2 (3.5%) for COS. It was found that elasticity of substitution (ES) of environmental attributes contributed 3.4e13.3% of the property price, compared to 0.6e5.5% for architectural attributes.

show abstract

“…Kanninen 1991). The disadvantage is the incentive incompatibility and anchoring biases described in Whitehead (2002) and Kang, Haab, and Interis (2013).…”

mentioning

confidence: 99%

Valuing Marine Biodiversity in the Gulf of Mexico: Evidence from the Proposed Boundary Expansion of the Flower Garden Banks National Marine Sanctuary

Stefanski

Shimshack

2016

Marine Resource Economics

View full text Add to dashboard Cite

A B S T R A C TEcological diversity is especially high in the Gulf of Mexico, and multiple Gulf of Mexico resources imply complex management challenges. Yet, relatively little is known about social values of marine biodiversity in the Gulf of Mexico. This article uses results from a stated preference survey of nationally representative households to quantify economic values. The specific assessment scenario involves a current policy proposal to expand the boundaries of the Flower Garden Banks National Marine Sanctuary. Willingness to pay estimates range from $35-$107 per household. Respondent characteristics are related to willingness to pay in ways consistent with economic intuition and theory. We conclude with aggregate willingness to pay calculations, and results suggest that total social benefits of marine reserve expansion in the Gulf region are large.Key words: Marine biodiversity, Gulf of Mexico, national marine sanctuary.JEL Codes: Q22, Q28, Q51. INTRODUCTIONThe Gulf of Mexico is a hub of marine biodiversity, commercial fishing, oil and gas exploration and drilling, and outdoor recreation. Managing multiple uses in the area is costly and controversial, and scholars and policymakers regularly debate the cost effectiveness of marine conservation and biodiversity protection (Coleman, Baker, and Koenig 2004;Cruz and McLaughlin 2008). Discussions of conservation costs focus on restrictions to commercial fishing and oil/gas sectors, administrative expenditures, and economic losses to local communities. Discussions of conservation benefits, however, are comparatively vague, as both use and non-use values for preserving marine biodiversity are difficult to measure. Balanced policy choices, however, require a more complete understanding of such benefits.This study explores US residents' willingness to pay (WTP), a measure of social value, for marine protected areas in the Gulf of Mexico. We focus on marine conservation in the Gulf of Mexico for three reasons. First, ecological diversity there is especially high. A current census ofStephanie F. Stefanski is a PhD student, Nicholas School of the Environment, Duke University, 9 Circuit Dr., Durham, NC 27708 USA (email: stephanie.stefanski@duke.edu). Jay P. Shimshack, Associate Professor of Public Policy and Economics, Frank Batten School, University of Virginia, 235 McCormick Rd., Charlottesville, VA 22904 USA (email: jay.shimshack@virginia.edu).The authors thank Editor-in-Chief Martin Smith, an anonymous associate editor, three anonymous referees, Bob Leeworthy, G. P. Schmahl, the staff of the NOAA Office of Marine Sanctuaries, Quenton Dokken, the staff of the Gulf of Mexico Foundation, Timothy Beatty, Rob Mendelsohn, and Michael B. Ward for helpful discussions. The authors also thank Tulane University's Murphy Institute, Newcomb College, and Georges Lurcy program for generous support. global marine biodiversity ranked the Gulf of Mexico in the top five in both species per unit area and threats to species diversity (Costello et al. 2010). Second, Gulf Coast resourc...

show abstract

Identifying inconsistent responses in dichotomous choice contingent valuation with follow-up questions

Cited by 5 publications

References 25 publications

Multifunctional pentacyclic triterpenoids as adjuvants in cancer chemotherapy: a review

Multifunctional pentacyclic triterpenoids as adjuvants in cancer chemotherapy: a review

Development of price models for architectural and environmental quality for residential developments in Hong Kong

Valuing Marine Biodiversity in the Gulf of Mexico: Evidence from the Proposed Boundary Expansion of the Flower Garden Banks National Marine Sanctuary

Contact Info

Product

Resources

About