A framework for estimating willingness-to-pay to avoid endogenous environmental risks
β Scribed by Yoshifumi Konishi; Kenji Adachi
- Book ID
- 116859912
- Publisher
- Elsevier Science
- Year
- 2011
- Tongue
- English
- Weight
- 418 KB
- Volume
- 33
- Category
- Article
- ISSN
- 0928-7655
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## Abstract This paper describes four approaches to estimating confidence intervals for willingness to pay measures: the delta, Fieller, Krinsky Robb and bootstrap methods. The accuracy of the various methods is compared using a number of simulated datasets. In the majority of the scenarios conside
Attempts at redressing the problem of rapid deterioration of the urban environment in developing countries have not produced the desired results. This is because such attempts have been mainly ad hoc and have not taken into consideration willingness to pay for improvements in the quality of the urba