Introduction to contingent valuation using Stata
AbstractCost-benefit analysis is a key input for the ex-ante evaluation of public projects and policies. An ideal cost-benefit analysis incorporates all the social costs and benefits of a project for all members of a society. One of the big challenges to achieve this is the need to place monetary values on nonmarketed goods and services. The objective of the presentation is to provide the audience with the basic tools to obtain estimates of willingness to pay from a contingent valuation survey using Stata. The use of the user-written commands singleb and doubleb is illustrated.
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Bibliographic InfoPaper provided by Stata Users Group in its series Mexican Stata Users' Group Meetings 2013 with number 12.
Date of creation: 13 May 2013
Date of revision:
Other versions of this item:
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-05-24 (All new papers)
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