Attributes‐based conjoint analysis of landowner preferences for standing timber insurance

2021 ◽  
Author(s):  
Yiling Deng ◽  
Ian A. Munn ◽  
Haibo Yao
Keyword(s):  
Conjoint Analysis ◽  
Timber Insurance ◽  
Standing Timber

scholarly journals WILLINGNESS TO PAY FOR POTENTIAL STANDING TIMBER INSURANCE

2015 ◽  
Vol 47 (4) ◽  
pp. 510-538 ◽  
Author(s):  
YILING DENG ◽  
IAN A. MUNN ◽  
KEITH COBLE ◽  
HAIBO YAO
Keyword(s):  
Willingness To Pay ◽  
Nonparametric Model ◽  
Private Forest ◽  
Forest Landowners ◽  
Kaplan Meier ◽  
Interval Censored ◽  
Contingent Valuation Survey ◽  
Timber Insurance ◽  
Standing Timber ◽  
Insurance Data

AbstractLandowners rarely insure standing timber, suggesting the limited products available do not appeal to potential clientele. We estimated landowner willingness to pay (WTP) for standing timber insurance. Data were generated through a contingent valuation survey. Questionnaires were mailed to a random sample of Mississippi private forest landowners with 100+ acres of forestland. WTP for standing timber insurance was derived using an interval-censored survival model and a Kaplan-Meier Turnbull nonparametric model. The estimated WTP premium rate was approximately $3.20 per $1,000 of standing timber value, well below existing premium rates. This partially explains the underinsurance of standing timber among landowners.

STANDING TIMBER INSURANCE

1935 ◽  
Vol 11 (1) ◽  
pp. 26-30
Author(s):  
Douglas C. Merrett
Keyword(s):  
Timber Insurance ◽  
Standing Timber

Applications of Conjoint Analysis in Industrial-Organizational Psychology

2006 ◽  
Author(s):  
Robert D. Pritchard ◽  
Melissa J. Sargent ◽  
Deborah DiazGranados ◽  
Neal W. Schmitt
Keyword(s):  
Conjoint Analysis ◽  
Organizational Psychology ◽  
Industrial Organizational Psychology

CONJOINT ANALYSIS VS PREFERENCE ANALYSIS: A COMPARISON

1987 ◽  
Vol 60 (3c) ◽  
pp. 1063-1068
Author(s):  
THOMAS R. SCHORP ◽  
H. LEE MEADOW
Keyword(s):  
Conjoint Analysis ◽  
Preference Analysis

Investigating user preferences in night bus lines operation using Conjoint Analysis in the city of Thessaloniki, Greece

2020 ◽  
Author(s):  
Dimitrios Nalmpantis ◽  
Dimitra Giannaka ◽  
Stavros Malliaris ◽  
Evangelos Genitsaris ◽  
Ioannis Karagiotas ◽  
...  
Keyword(s):  
Conjoint Analysis ◽  
User Preferences ◽  
The City

Consumers' Usage and Attitudes Towards Smartphone using Conjoint Analysis.

2019 ◽  
Vol 4 (3) ◽  
pp. 64-72
Author(s):  
Castaño, Mary Caroline N.
Keyword(s):  
Conjoint Analysis ◽  
Pearson Correlation ◽  
The Philippines ◽  
Holistic View ◽  
Actual Usage ◽  
Quality Patient Care ◽  
Depth Analysis ◽  
Government Hospitals ◽  
Policy Direction ◽  
The Given

ABSTRACT The entry of smartphones into our lives is due to two primary reasons – the rapid advancement in technology and R & D, making present technology redundant within weeks and the drastic drop in prices of smartphones which occur weekly or monthly. The objectives of this paper are: (1) To provide a more holistic view of smartphone users' preference (2) To have depth analysis on how consumers put a premium on various smartphone features application and tools (3) To understand how prospective customers appreciate the good features of the product. Three statistical tools were used: Frequency Distribution to get the profile of the respondent's actual usage of smartphones and attitudes of consumers, Pearson Correlation, and Conjoint analysis, which was used to analyze the preference of the respondents on smartphone attributes. This study showed a moderately fit conjoint model, Pearson R =.742, p<.05, Kendall's Tau was .333, p<.05 and .333, p< .05 for the holdouts. From the given set of attributes, price (47.11%) is the most important, followed by the SIM card slot (19.05%), and the phone plan (9.14%). This paper is the first study done in the Philippines about the usage, attitudes of consumers towards smartphones using conjoint analysis. The analysis would help companies to understand what aspects of their products are essential and irrelevant. Companies will act upon a certain aspect to ensure higher profitability. Type of Paper: Empirical Keywords: local government hospitals; Philippines; policy direction; quality patient care

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