Measuring Welfare Effects in Models with Random Coefficients

By Erik Meijer, Jan Rouwendal. 2006

165 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/353d90ce65e2de97e96baf93e72f668ffb3b4072

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In Economics and Econometrics

Citations in the corpus

Combining Discrete and Continuous Representations of Preference Heterogeneity: A Latent Class Approach (2010, background): “mean b and covariance W (Train, 1998, 1999; McFadden and Train, 2000; Meijer and Rouwendal, 2006).”
Willingness-to-Pay Estimation with Mixed Logit Models: Some New Evidence (2005, background): “In the ML case this problem is compounded by the fact that not only the estimates but also the parameters themselves are random variables, and this is not a trivial issue (Meijer and Rouwendal, 2000).”
Heterogeneity distributions of willingness-to-pay in choice models (2007, background): “The economics literature has recognized the potential problems with random coefficient ratio estimates of WTP ( Meijer and Rouwendal 2006; Revelt and Train 1998).”
Spatial preference heterogeneity in forest recreation (2013, methodology): “Instrumental variables have typically been used to cope with endogenous quality attributes (travel distance, among others) in applications of the travel cost method (Parsons, 1991; Murdock, 2006; Bayer and Timmins, 2007; Timmins and Murdock, 2007) and in the hedonic pricing model (Irwin et al., 2001”
Choosing Between Internet and Mail Survey Modes for Choice Experiment Surveys Considering Non-Market Goods (2009, background): “Second, and more importantly, it avoids a number of severe problems associated with specifying a random price parameter (see Meijer and Rouwendal 2006; Hensher et al. 2005; Hess et al. 2005; Train and Sonnier 2005; Campbell et al. 2006; Hensher and Greene 2003; Rigby and Burton 2006; Train 2001, 2”
Valuation of cancer and microbial disease risk reductions in municipal drinking water: An analysis of risk context using multiple valuation methods (2011, background): “assumed to be normally distributed ( Meijer and Rouwendal 2006 ).”
Contemporary Guidance for Stated Preference Studies (2017, background): “This choice can affect welfare estimates (Sillano and de Dios Ortúzar 2005; Meijer and Rouwendal 2006).”
Augmenting short Cheap Talk scripts with a repeated Opt-Out Reminder in Choice Experiment surveys (2014, background): “18 According to Meyerhoff and Liebe (2009) the interpretation of the ASC parameter depends on whether one sees it mainly as a technical parameter capturing the average effect of all relevant factors that are not included in the model, or one chooses to associate the ASC parameter with a behavioral a”
Preferences for urban green spaces and peri-urban forests: An analysis of stated residential choices (2016, methodology): “Some approaches such as fixing the price’s coefficient (i.e., imposing no heterogeneity in cost sensitivity) or specifying the price coefficient as log-normally distributed have been applied so that WTP values will not ‘explode’ (Meijer & Rouwendal, 2006).”
Handling respondent uncertainty in Choice Experiments: Evaluating recoding approaches against explicit modelling of uncertainty (2009, background): “…the population, primarily because it avoids a number of potentially severe problems associated with specifying a random price parameter (see e.g. Meijer and Rouwendal, 2006; Hensher et al., 2005; Hess et al., 2005; Train and Sonnier, 2005; Hensher and Greene, 2003; Train 2003; Train and Weeks,…”