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- W1457946150 abstract "Modeling public behavior to the policy with the data from dichotomous choice contingent valuation (DCCV) surveys is often complicated by zero willingness to pay (WTP) responses in the sample. To deal with the zero responses to obtain appropriate welfare measure such as mean and median WTP, we consider a mixture model of WTP distributions to allow a point mass at zero. We also consider the conventional model and a spike model for comparison. Our application reported here portrays the usefulness of the mixture model to analyze DCCV data with zero observations." @default.
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- W1457946150 date "2001-01-01" @default.
- W1457946150 modified "2023-09-26" @default.
- W1457946150 title "Analyzing Dichotomous Choice Contingent Valuation Data With Zero Observations: A Mixture Model" @default.
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