scholarly journals Estimating WTP for Speed Reduction from Dichotomous-Choice CV Responses with Follow-up: The Case of Rural Trunk Roads

Author(s):  
Riccardo Scarpa ◽  
Kenneth G. Willis ◽  
Guy Garrod
2006 ◽  
Author(s):  
Sandra Nolte (Lechner) ◽  
Anne Rozan ◽  
Francois Laisney

2001 ◽  
Vol 30 (2) ◽  
pp. 189-197 ◽  
Author(s):  
John A. Curtis

The dichotomous choice contingent valuation survey format collects inexact information on willingness to pay (WTP), that is, whether WTP is greater or less than the bid price. Sometimes researchers make the precise conjecture that certain respondents have zero WTP using information from follow-up motive questions. But follow-up questions are designed to provide information on respondents’ motives, not refined information on the magnitude of WTP. Assuming that certain respondents have WTP = $0.00 is beyond the design of follow-up questions. The paper's results show that unless information from follow-up questions is utilized within the limitations of survey design, welfare and model parameter estimates are likely to have high standard errors leading to inappropriate policy prescriptions.


2019 ◽  
Vol 42 ◽  
Author(s):  
John P. A. Ioannidis

AbstractNeurobiology-based interventions for mental diseases and searches for useful biomarkers of treatment response have largely failed. Clinical trials should assess interventions related to environmental and social stressors, with long-term follow-up; social rather than biological endpoints; personalized outcomes; and suitable cluster, adaptive, and n-of-1 designs. Labor, education, financial, and other social/political decisions should be evaluated for their impacts on mental disease.


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