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Estimating individual valuation distributions with multiple bounded discrete choice data

Author

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  • Hua Wang
  • Jie He

Abstract

This article presents a new modelling strategy that estimates individual valuation distributions with Multiple Bounded Discrete Choice (MBDC) data. An individual's valuation of a commodity or service is assumed to have a distribution rather than being a single number. Likelihood responses to the MBDC questions are numerically coded and treated with a new panel technique. The proposed estimation strategy is empirically compared with previous data analysis methods.

Suggested Citation

  • Hua Wang & Jie He, 2011. "Estimating individual valuation distributions with multiple bounded discrete choice data," Applied Economics, Taylor & Francis Journals, vol. 43(21), pages 2641-2656.
  • Handle: RePEc:taf:applec:v:43:y:2011:i:21:p:2641-2656
    DOI: 10.1080/00036840903299789
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    Cited by:

    1. Jie He & Anping Huang & Luodan Xu, 2015. "Spatial heterogeneity and transboundary pollution: a contingent valuation study on the Xijiang River drainage basin in south China," Cahiers de recherche 15-04, Departement d'Economique de l'École de gestion à l'Université de Sherbrooke.
    2. He, Jie & Huang, Anping & Xu, Luodan, 2015. "Spatial heterogeneity and transboundary pollution: A contingent valuation (CV) study on the Xijiang River drainage basin in south China," China Economic Review, Elsevier, vol. 36(C), pages 101-130.
    3. repec:eee:touman:v:64:y:2018:i:c:p:37-54 is not listed on IDEAS
    4. repec:eee:enepol:v:110:y:2017:i:c:p:288-302 is not listed on IDEAS
    5. Bigerna, Simona & Polinori, Paolo, 2014. "Italian households׳ willingness to pay for green electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 110-121.
    6. Marius Yapo & Jie He & Bruno Gagnon & Luc Savard & Roland Leduc, 2015. "La valeur économique pour l’amélioration de la qualité de l’eau: le cas de la rivière Magog et du lac Magog (Québec, Canada)," Cahiers de recherche 15-15, Departement d'Economique de l'École de gestion à l'Université de Sherbrooke.

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