DMT (2020) draw attention to my treatment of the weighted WTP estimates. The regression model for the second scenario has a negative…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (2) What is the effect of negative WTP?
by adminby adminWhen dichotomous choice CVM data is of low quality, the measure of central tendancy is sensitive to assumptions. As I showed in…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (1) Is the log-linear model meaningless?
by adminby adminWhen dichotomous choice CVM data has a negative WTP problem, one of the standard corrections is to estimate a log-linear model and…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (6) Are the DMT (2015) data problems typical in other CVM studies?
by adminby adminIn Whitehead (2020) I describe the problems in the DMT (2015) data. It is full of non-monotonicities, flat portions of bid curves…
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I recently read an article in the journal Economics and Philosophy, written by Lisa Herzog, which has nothing whatsoever to do with…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train (the correction)
by adminby adminAs described in the introduction of my (draft) “Reply to ‘Reply to Whitehead’”, I suspect that I have used the incorrect confidence…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train (an introduction)
by adminby adminDesvousges, Mathews and Train (Land Economics, 2015) use the contingent valuation method (CVM) to conduct an adding-up test (i.e., does WTPA +…
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Gmail was the most popular fad in the early 2000’s when it was rolled out as an invite only free email service…