Accounting for Response Biases in Latent-Class Models for Choices and Attitudes.

We propose a latent-class model (LCM) to analyze contingent-valuation surveys incorporating attitudinal questions capturing protest reasons to identify classes of respondents with similar preferences and attitudes. In contrast to a standard LCM, our model ensures that classes are not contaminated by...

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Detalles Bibliográficos
Publicado en:Land Economics Vol. 91; no. 3; pp. 586 - 604
Autores principales: Cunha-e-Sá, Maria A., Nunes, Luis C., Otrachshenko, Vladimir
Formato: Artículo
Publicado: University of Wisconsin Press Aug2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Accounting for Response Biases in Latent-Class Models for Choices and Attitudes.
      aug:
        au:
          Cunha-e-Sá, Maria A.
          Nunes, Luis C.
          Otrachshenko, Vladimir
        affil:
          Associate professor, Nova School of Business and Economics, Universidade Nova de Lisboa, Lisbon, Portugal
          Nova School of Business and Economics, Universidade Nova de Lisboa, Lisbon, Portugal
      su:
        Respondents
        World Heritage Sites
        Latent class analysis (Statistics)
        Statistical bias
        Willingness to pay
        Conservation & restoration
      sug:
        subj:
          Respondents
          World Heritage Sites
          Nature Parks and Other Similar Institutions
          Historical Sites
          Latent class analysis (Statistics)
          Statistical bias
          Willingness to pay
          Conservation & restoration
      ab: We propose a latent-class model (LCM) to analyze contingent-valuation surveys incorporating attitudinal questions capturing protest reasons to identify classes of respondents with similar preferences and attitudes. In contrast to a standard LCM, our model ensures that classes are not contaminated by different types of response biases. Using data regarding the preservation of a world-heritage recreation site, low- and high-protester classes are identified. The difference in estimated willingness to pay (WTP) in these classes is €26, reflecting protest issues. If response biases were ignored, different classes would be identified and the corresponding difference in WTPs would be inflated by 130%.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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