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文章基本信息

  • 标题:Dichotomous choice contingent valuation probability distributions
  • 本地全文:下载
  • 作者:Kerr, Geoffrey N.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2000
  • 期号:SUPPL
  • 页码:233-252
  • 出版社:Food Distribution Research Society
  • 摘要:Parametric distributions applied to dichotomous choice contingent valuation datainvoke assumptions about the distribution of willingness to pay that may contra-vene economic theory. This article develops and applies distributions that allow theshape of bid distributions to vary. Alternative distributions provide little, if any,improvement in statistical ¢t from commonly used distributions. While medianwillingness to pay is largely invariant to distribution, estimates of mean consumersurplus diverge widely. Sensitivity analysis to determine bene¢t measure responseto distributional assumptions is essential to prevent erroneous policy advice fromapplied dichotomous choice research.
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