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Accounting for Attribute Non-attendance in Three Previously Published Choice Studies of Coastal Resources

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  • Daniel R. Petrolia
  • Joonghyun Hwang

Abstract

We revisit three recently published papers that apply discrete choice experiment methods to coastal and marine ecosystem goods and services, in light of attribute non-attendance (ANA). We find that accounting for ANA does not always improve model fit, but when it does, the improvement can be substantial. Estimated price and attribute coefficients change, but these changes do not follow a consistent pattern, in either direction or magnitude. Mean attribute increment value (i.e., willingness to pay, WTP) estimates change, but also with no discernible pattern. However, in several cases, generally in those cases where accounting for ANA improves model fit, we observe substantial improvements in the confidence intervals on WTP; that is, accounting for ANA appears to produce much more precise WTP estimates. In short, we find that accounting for ANA is not always warranted, but when it is, the key payoff appears to be more precise WTP estimates.

Suggested Citation

  • Daniel R. Petrolia & Joonghyun Hwang, 2020. "Accounting for Attribute Non-attendance in Three Previously Published Choice Studies of Coastal Resources," Marine Resource Economics, University of Chicago Press, vol. 35(3), pages 219-240.
    • Handle: RePEc:ucp:mresec:doi:10.1086/709442
    DOI: 10.1086/709442
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    Cited by:

    1. Tanga Mohr & John C. Whitehead, 2023. "External Validity of Inferred Attribute NonAttendance: Evidence from a Laboratory Experiment with Real and Hypothetical Payoffs," Working Papers 23-05, Department of Economics, Appalachian State University.

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