Including cost income ratio into utility function as a way of dealing with ‘exploding’ implicit prices in mixed logit models
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- Piotr Ćwiakowski & Marek Giergiczny & Michał Krawczyk, 2013. "Pirates in the lab. Using incentivized choice experiments to explore preference for (un)authorized content," Working Papers 2013-25, Faculty of Economic Sciences, University of Warsaw.
- Wiktor Budziński, 2015. "The effects of non-constant marginal utility of cost for public goods valuation," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 43.
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"Choice experiment assessment of public preferences for forest structural attributes,"
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- Marek Giergiczny & Mikołaj Czajkowski & Tomasz Żylicz & Per Angelstam, 2015. "Choice experiment assessment of public preferences for forest structural attributes," Working Papers 2015-30, Faculty of Economic Sciences, University of Warsaw.
More about this item
KeywordsChoice experiments; Mixed logit models; WTP's distribution; Cost income ratio coefficient;
- Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
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