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dc.contributor.authorScarpa, Riccardo
dc.contributor.authorWillis, Kenneth
dc.contributor.authorAcutt, Melinda
dc.date.accessioned2009-02-02T01:52:52Z
dc.date.available2009-02-02T01:52:52Z
dc.date.issued2007
dc.identifier.citationScarpa, R., Willis, K. & Acutt, M. (2007). Valuing externalities from water supply: status quo, choice complexity, and individual random effects in panel kernel logit analysis of choice experiments. Journal of Environmental Planning and Management, 50(4), 449-466.en
dc.identifier.urihttps://hdl.handle.net/10289/1973
dc.description.abstractChoice experiments are often implemented with choice sets including one alternative depicting the status quo. Utility from status quo is experienced by the respondent, while utility associated with experimentally designed hypothetical alternatives is only conjectured by respondents. The effects of explicitly accounting for such a difference in the econometric analysis of the data are often unreported, or limited to fitting a 'status quo' constant. The paper proposes a model that explicitly accounts for these effects and attempts their decomposition using data from two choice modelling exercises designed to value the provision of environmental goods. Preferences for change versus status quo are explored with standard specifications along with a less usually applied error component analysis via mixed logit. The results suggest that alternatives offering changes from status quo do not share the same preference structure as the status quo alternative, and that estimates of spread parameters in zero-mean error components can be decomposed conditional on respondents' socio-economic characteristics. It is argued that these findings have implications for practitioners and their stance towards the strategies for the econometric analysis of choice modelling data for the purpose of valuation.en
dc.language.isoen
dc.publisherRoutledgeen_NZ
dc.relation.urihttp://www.informaworld.com/smpp/content~content=a780411858~db=all~order=pageen
dc.subjectchoice experimentsen
dc.subjectwater supplyen
dc.titleValuing externalities from water supply: status quo, choice complexity, and individual random effects in panel kernel logit analysis of choice experimentsen
dc.typeJournal Articleen
dc.identifier.doi10.1080/09640560701401861en
dc.relation.isPartOfJournal of Environmental Planning and Managementen_NZ
pubs.begin-page449en_NZ
pubs.elements-id32602
pubs.end-page466en_NZ
pubs.issue4en_NZ
pubs.volume50en_NZ


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