1,870
Views
23
CrossRef citations to date
0
Altmetric
Original Articles

Effects of payment vehicle non-attendance in choice experiments on value estimates and the WTA–WTP disparity

ORCID Icon
Pages 225-245 | Received 09 Sep 2016, Accepted 02 Dec 2016, Published online: 22 Dec 2016

Figures & data

Table 1. Attributes and attribute levels in experiment 1.

Table 2. Attributes and attribute levels experiment 2.

Table 3. Attributes and attribute levels in experiment 3.

Table 4. MNL and ECLC estimation results for experiment 1 (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table 5. MNL and ECLC estimation results for experiment 2 (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table 6. MNL and ECLC estimation results for experiment 3 (ECLC cost coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table 7. WTP estimates from MNL and ECLC models for the three experiments.

Table 8. WTA estimates from MNL and ECLC models for the three experiments.

Table 9. WTA and WTP estimates from MNL and ECLC models for the three experiments.

Figure 1. Average change in WTP and WTA value estimates for the three experiments due to controlling for payment vehicle non-attendance.

Figure 1. Average change in WTP and WTA value estimates for the three experiments due to controlling for payment vehicle non-attendance.

Figure 2. Average WTA–WTP ratios for the MNL and the ECLC models for the three experiments.

Figure 2. Average WTA–WTP ratios for the MNL and the ECLC models for the three experiments.

Table 10. Class probabilities for the class with the payment vehicle coefficient restricted to zero for various ECLC specifications.

Table A1.1. MNL and ECLC estimation results for experiment 2, including those respondents that systematically chose the status quo option (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table A1.2. MNL and ECLC estimation results for experiment 3, including those respondents that systematically chose the status quo option (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table A2.1. 3-class and 4-class ECLC estimation results for experiment 1 (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table A2.2. 3-class and 4-class ECLC estimation results for experiment 2 (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).

Table A2.3. 3-class and 4-class ECLC estimation results for experiment 3 (ECLC tax coefficients that are constrained to zero are not shown, standard errors are in parentheses).