State dependence and heterogeneity in fishing location choice [An article from: Journal of Environmental Economics and Management]
State dependence and heterogeneity in fishing location choice [An article from: Journal of Environmental Economics and Management]

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This digital document is a journal article from Journal of Environmental Economics and Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.Description: This paper develops a general model that addresses the starting point bias in the dichotomous choice evaluation data by incorporating both the anchoring effect and yea-saying bias. The model is applied to a contingent valuation study that evaluated the health benefits of air quality improvement in three major metropolitan areas in Taiwan. The empirical evidence shows a strong anchoring effect but an insignificant yea-saying bias. The results show a serious understated willingness to pay if the biases in anchoring and yea-saying are not controlled.

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  • Released: November 16, 2020
  • Author: M.D. Smith
  • Rating: 4,9
  • Publisher: Ebook DIgital Agency
  • Total Page: 929 pages
  • File Size: 3670 KB
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