This study uses a random parameters logit (RPL) model to estimate the Taiwanese preference for northern shrimp (NS) products (NSP) with Marine Stewardship Council (MSC) label. The estimated results show that, ceteris paribus, marginal willingness pay (MWTP) of consumers NSP MSC label is up New Taiwan dollar (NTD) 84.86 in comparison without Moreover, price MSC-labeled has positive effect on qua...

Abstract Altruistic preferences have been found to be important for explaining the substantial non-use values identified in numerous stated preference surveys. However, studies analysing effect of altruism on willingness pay (WTP) underestimated challenges measuring by measures. We exploit a naturally occurring decision domain investigate role studies. employ novel dataset, collected from an In...

It is often difficult to determine what actually was done in work involving data collected with stated preference surveys because the terms used to describe various procedures have ambiguous and sometimes conflicting meanings. Further, terms used to describe data collection procedures often are confounded with terms used to describe statistical techniques. We call for the use of a common nomenc...

In this article we describe the contingent valuation and behavior methods scenario developed in the 1995 Albemarle-Pamlico Sounds Survey. The survey elicits revealed and stated preference recreation behavior data which are used to estimate the value of water quality improvements [4,8]. The survey elicits willingness to pay data which are used to conduct a split-sample scope test [7]. The data a...