This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Using Stated-Preference Questions to Investigate Variations in Willingness to Pay for Preserving Marble Monuments: Classic Heterogeneity, Random Parameters, and Mixture Models

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Edward Morey
Kathleen Greer Rossmann

Additional information is available for the following registered author(s):

Abstract

This paper investigates heterogeneity in the preferences/WTP (willingness to pay) to preserve marble monuments in Washington, D.C. This is done in the context of three different discrete-choice random-utility models. The main focus is to estimate a mixture model of choices over preservation programs. This model captures the best features of random-parameters models and models that assume preference parameters are deterministic functions of observable characteristics of the individual. The mixture model, and it alone, predicts that increased preservation is a bad for a significant proportion of young, non-Caucasians. That some proportion of the population might consider preservation a bad is a contingency that should be planned for in efforts to value cultural resources. Data and computer code are available athttp://www.colorado.edu/economics/morey/dataset.html. Copyright Kluwer Academic Publishers 2003

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1023/A:1026365125898
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Journal of Cultural Economics.

Volume (Year): 27 (2003)
Issue (Month): 3 (November)
Pages: 215-229
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:jculte:v:27:y:2003:i:3:p:215-229

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100284

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: choice experiments; mixture models; preference heterogeneity; random parameters;

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 647-657, November. [Downloadable!] (restricted)
  2. Stevens, Thomas H. & Barrett, Christopher & Willis, Cleve E., 1997. "Conjoint Analysis Of Groundwater Protection Programs," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(2), October. [Downloadable!]
  3. Kenneth E. Train, 1998. "Recreation Demand Models with Taste Differences over People," Land Economics, University of Wisconsin Press, vol. 74(2), pages 230-239. [Downloadable!] (restricted)
  4. Breffle, William S. & Morey, Edward R., 2000. "Investigating Preference Heterogeneity In A Repeated Discrete-Choice Recreation Demand Model Of Atlantic Salmon Fishing," Marine Resource Economics, Marine Resources Foundation, vol. 15(1). [Downloadable!]
  5. David F. Layton & Gardner Brown, 2000. "Heterogeneous Preferences Regarding Global Climate Change," The Review of Economics and Statistics, MIT Press, vol. 82(4), pages 616-624, November. [Downloadable!] (restricted)
  6. Roe, Brian & Boyle, Kevin J. & Teisl, Mario F., 1996. "Using Conjoint Analysis to Derive Estimates of Compensating Variation," Journal of Environmental Economics and Management, Elsevier, vol. 31(2), pages 145-159, September. [Downloadable!] (restricted)
  7. Edward R. Morey & Vijaya R. Sharma & Anders Karlstrom, 2003. "A Simple Method of Incorporating Income Effects into Logit and Nested-Logit Models: Theory and Application," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(1), pages 248-253, 02. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Clark, Andrew & Etilé, Fabrice & Postel-Vinay, Fabien & Senik, Claudia & Van der Straeten, Karine, 2004. "Heterogeneity in Reported Well-Being: Evidence from Twelve European Countries," IZA Discussion Papers 1339, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Chr. Hjorth-Andersen, 2004. "The Danish Cultural Heritage: Economics and Politics," Discussion Papers 04-33, University of Copenhagen. Department of Economics. [Downloadable!]
  3. Patrizia Riganti & Annamaria Nese & Ugo Colombino, 2004. "Eliciting Public Preferences For Managing Cultural Heritage Sites: Evidence from a Case study on the Temples Of Paestum," ERSA conference papers ersa04p437, European Regional Science Association. [Downloadable!]
  4. Ekin Birol & Katia Karousakis & Phoebe Koundouri, 2005. "Using a choice experiment to estimate the non-use values of wetlands: The case of Cheimaditida wetland in Greece," Environmental Economy and Policy Research Working Papers 08.2005, University of Cambridge, Department of Land Economics, revised 2005. [Downloadable!]
  5. Ugo Colombino & Annamaria Nese & Patrizia Riganti, 2005. "Eliciting Public Preferences For Managing Cultural Heritage," Public Economics 0501004, EconWPA. [Downloadable!]
  6. Ekin Birol & Eric Rayn Villalba, 2006. "Estimating Mexican Farmers’ Valuation of Milpa Diversity and Genetically Modified Maize: A Choice Experiment Approach," Environmental Economy and Policy Research Working Papers 21.2006, University of Cambridge, Department of Land Economics, revised 2006. [Downloadable!]
  7. Anna Alberini & Alberto Longo & Patrizia Riganti, 2006. "Using Surveys to Compare the Public’s and Decisionmakers’ Preferences for Urban Regeneration: The Venice Arsenale," Working Papers 2006.137, Fondazione Eni Enrico Mattei. [Downloadable!]
  8. Moore, Rebecca, 2008. "Using Attitudes to Characterize Heterogeneous Preferences," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6488, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  9. Carlos Pestana Barros & Marilena Vecco & Victor Blanco, 2008. "Addiction At the Biennale of Venice," Working Papers 2008/14, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon.. [Downloadable!]
  10. Ricardo Scarpa & Mara Thiene & Kenneth Train, 2006. "Utility in WTP Space: A Tool to Address Confounding Random Scale Effects in Destination Choice to the Alps," Working Papers in Economics 06/15, University of Waikato, Department of Economics. [Downloadable!]
  11. Boter, Jaap & Rouwendal, Jan & Wedel, Michel, 2004. "Employing Travel Costs to Compare the Use Value of Competing Cultural Organizations," Serie Research Memoranda 0011, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
  12. Jaap Boter & Jan Rouwendal & Michel Wedel, 2005. "Employing Travel Time to Compare the Value of Competing Cultural Organizations," Journal of Cultural Economics, Springer, vol. 29(1), pages 19-33, February. [Downloadable!] (restricted)
  13. Jérôme Massiani & Paolo Rosato, 2008. "The Preferences of Trieste Inhabitants for the Re-use of the Old Port: A Conjoint Choice Experiment," Working Papers 2008.74, Fondazione Eni Enrico Mattei. [Downloadable!]
  14. Katia Karousakis & Ekin Birol, 2006. "Investigating Household Preferences for Kerbside Recycling Services in London: A Choice Experiment Approach," Environmental Economy and Policy Research Working Papers 18.2006, University of Cambridge, Department of Land Economics, revised 2006. [Downloadable!]
  15. Arne Risa Hole, 2007. "Modelling Heterogeneity in Patients' Preferences for the Attributes of a General Practitioner Appointment," Working Papers 022cherp, Centre for Health Economics, University of York. [Downloadable!]
    Other versions:
  16. Patrizia Riganti & Anna Alberini & Alberto Longo, 2005. "Public Preferences for Land uses’ changes - valuing urban regeneration projects at the Venice Arsenale," ERSA conference papers ersa05p756, European Regional Science Association. [Downloadable!]
Statistics
Access and download statistics

Did you know? IDEAS was launched in September 1997.

This page was last updated on 2009-11-27.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.