The Resource Valuation Biases Caused by Public Distrust : Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China, Hua Wang

Valuation Biases Caused by Public Distrust : Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China, Hua Wang

Label
Valuation Biases Caused by Public Distrust : Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China
Title
Valuation Biases Caused by Public Distrust
Title remainder
Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China
Statement of responsibility
Hua Wang
Contributor
Distributor
Subject
Genre
Language
  • eng
  • eng
Summary
Contingent valuation (CV) studies often adopt public programs in the scenario designs in order to increase credibility and to ensure incentive compatibility. However, such scenario designs can introduce biases in willingness-to-pay (WTP) estimations due to the potential distrusts of respondents in the governments who are responsible for implementing the public programs. In this study, a joint selection modeling strategy, which accommodates both valuation protests and WTP adjustments, is developed for identification and calibration of the potential biases in WTP estimations caused by the public distrust in government. The joint selection model of WTP with public distrust in government is applied to two CV studies conducted in China on air quality improvements. Both channels through which public distrust in government can affect WTP estimation, valuation protest and WTP adjustment, are empirically identified, and the potential biases in WTP estimation caused by the public distrust in government can be as high as 20%
Member of
Cataloging source
CaOOCEL
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • He, Jie
  • Huang, Desheng
  • Wang, Hua
  • Canadian Electronic Library (Firm)
Series statement
Working Paper;
Series volume
18-05
http://library.link/vocab/subjectName
  • Air pollution
  • Air quality index
  • Bias of an estimator
  • Bias
  • China
  • Contingent valuation
  • Correlation and dependence
  • Likelihood function
  • Mean
  • Multivariate normal distribution
Label
Valuation Biases Caused by Public Distrust : Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China, Hua Wang
Link
http://www.deslibris.ca/ID/10098287
Instantiates
Publication
Note
Issued as part of the desLibris documents collection
Carrier category
online resource
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource (37 pages).
Form of item
online
Governing access note
Access restricted to authorized users and institutions.
Media category
electronic
Media MARC source
isbdmedia
Publisher number
10098287
Specific material designation
remote
System control number
  • (OCoLC)1060196021
  • (CaOOCEL)10098287
System details
Mode of access: World Wide Web
Type of computer file
Electronic monograph in PDF format.
Label
Valuation Biases Caused by Public Distrust : Identification and Calibration with Contingent Valuation Studies of Two Air Quality Improvement Programs in China, Hua Wang
Link
http://www.deslibris.ca/ID/10098287
Publication
Note
Issued as part of the desLibris documents collection
Carrier category
online resource
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource (37 pages).
Form of item
online
Governing access note
Access restricted to authorized users and institutions.
Media category
electronic
Media MARC source
isbdmedia
Publisher number
10098287
Specific material designation
remote
System control number
  • (OCoLC)1060196021
  • (CaOOCEL)10098287
System details
Mode of access: World Wide Web
Type of computer file
Electronic monograph in PDF format.

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