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Protection Motivation Theory and Contingent Valuation: Perceived Realism, Threat and WTP Estimates for Biodiversity Protection Author info | Abstract | Publisher info | Download info | Related research | Statistics Riccardo Scarpa (University of York)
Susanne Menzel (University of Goettingen and University of York)
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We report on a discrete-choice CV study conducted in Germany to value the WTP for biodiversity protection in less developed countries. To systematically investigate survey realism and subjective threat assessment from the loss of biodiversity described in the scenario the study includes questions to uncover the constructs of Protection Motivation Theory, which is introduced to the CV literature. The patterns of responses to such questions are analysed using an Expectation-Maximization algorithm to derive class membership probabilities. These are found to match the predictions of Protection Motivation Theory and systematically improve the logistic analysis of the WTP responses.
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Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number
2005.26.
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Date of creation: Feb 2005Date of revision:
Handle: RePEc:fem:femwpa:2005.26Contact details of provider: Postal: Corso Magenta, 63 - 20123 Milan Phone: 0039-2-52036934 Fax: 0039-2-52036946 Email: Web page: http://www.feem.it/ More information through EDIRC
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Keywords: Biodiversity valuation ; Protection motivation theory ; Latent class analysis ; Expectation-Maximization algorithm ; Contingent valuation ; Find related papers by JEL classification: Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation D6 - Microeconomics - - Welfare Economics C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models
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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.: Buzby, Jean C. & Ready, Richard C. & Skees, Jerry R., 1995.
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Green, Donald & Jacowitz, Karen E. & Kahneman, Daniel & McFadden, Daniel, 1998.
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Other versions: Berrens, Robert P. & Bohara, Alok K. & Jenkins-Smith, Hank C. & Silva, Carol L. & Weimer, David L., 2004.
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"Does Realism Matter in Contingent Valuation Surveys? ,"
Land Economics ,
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"Imprecise Preferences and Survey Design in Contingent Valuation ,"
Economica ,
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Carson, Richard T., 1998.
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Other versions: Greene, William H. & Hensher, David A., 2003.
"A latent class model for discrete choice analysis: contrasts with mixed logit ,"
Transportation Research Part B: Methodological ,
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Vivien Foster & Susana Mourato, 2003.
"Elicitation Format and Sensitivity to Scope ,"
Environmental & Resource Economics ,
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Peter Boxall & Wiktor Adamowicz, 2002.
"Understanding Heterogeneous Preferences in Random Utility Models: A Latent Class Approach ,"
Environmental & Resource Economics ,
European Association of Environmental and Resource Economists, vol. 23(4), pages 421-446, December.
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Guy D. Garrod & Riccardo Scarpa & Kenneth G. Willis, 2002.
"Estimating the Benefits of Traffic Calming on Through Routes: A Choice Experiment Approach ,"
Journal of Transport Economics and Policy ,
London School of Economics and University of Bath, vol. 36(2), pages 211-231, May.
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Andy Choi & Franco Papandrea & Jeff Bennett, 2007.
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