Estimating Willingness-To-Pay Using A Polychotomous Choice Function: An Application To Pork Products With Environmental Attributes
This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded environmental attributes. Specifically, a two-stage estimation procedure with an ordered probit selection rule is used to predict the premium...
Saved in:
Published in | IDEAS Working Paper Series from RePEc |
---|---|
Main Authors | , , |
Format | Paper |
Language | English |
Published |
St. Louis
Federal Reserve Bank of St. Louis
01.01.2004
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Abstract | This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded environmental attributes. Specifically, a two-stage estimation procedure with an ordered probit selection rule is used to predict the premium payers and the magnitude of the premium they are willing to pay. |
---|---|
AbstractList | This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded environmental attributes. Specifically, a two-stage estimation procedure with an ordered probit selection rule is used to predict the premium payers and the magnitude of the premium they are willing to pay. |
Author | Kliebenstein, James B Hurley, Sean P Miller, Douglas J |
Author_xml | – sequence: 1 givenname: Sean surname: Hurley middlename: P fullname: Hurley, Sean P – sequence: 2 givenname: Douglas surname: Miller middlename: J fullname: Miller, Douglas J – sequence: 3 givenname: James surname: Kliebenstein middlename: B fullname: Kliebenstein, James B |
BookMark | eNqNjL0KwkAQhFNo4d87LFinCGpEuxASLFNELOU8T3N62Y23e4KtT24EH8DqY_hmZhwNkNCMonfBYlslFq9wsM71RMMc1xRX6gV7_ooMKnIv3ZBQS4Ehb8hqA2VALZZwCxlC1nXOavXNUFM_8HeoPJ2DFu6fpYECn9YTtgZFOchEvD0FMTyNhhfl2Mx-nETzsqjzXdx5egTDcrxR8NirY5Ju1st0uUrSxX-tD4jNTjA |
ContentType | Paper |
Copyright | Copyright FEDERAL RESERVE BANK OF ST LOUIS 2004 |
Copyright_xml | – notice: Copyright FEDERAL RESERVE BANK OF ST LOUIS 2004 |
DBID | 3V. 7WY 7WZ 7XB 87Z 8FK 8FL AAFGM ABLUL ABPUF ABSSA ABUWG ACIOU ADZZV AFKRA AGAJT AGSBL AJNOY AQTIP AZQEC BENPR BEZIV BOUDT CBHQV CCPQU DWQXO FRNLG F~G K60 K6~ L.- M0C PIMPY PQBIZ PQBZA PQCXX PQEST PQQKQ PQUKI PRINS Q9U |
DatabaseName | ProQuest Central (Corporate) ABI/INFORM Collection ABI/INFORM Global (PDF only) ProQuest Central (purchase pre-March 2016) ABI/INFORM Collection ProQuest Central (Alumni) (purchase pre-March 2016) ABI/INFORM Collection (Alumni Edition) ProQuest Central Korea - hybrid linking Business Premium Collection - hybrid linking ABI/INFORM Collection (Alumni) - hybrid linking ABI/INFORM Collection - hybrid linking ProQuest Central (Alumni) ABI/INFORM Global - hybrid linking ProQuest Central (Alumni) - hybrid linking ProQuest Central ProQuest Central Essentials - hybrid linking ABI/INFORM Global (Alumni) - hybrid linking Business Premium Collection (Alumni) - hybrid linking ProQuest Women's & Gender Studies - hybrid linking ProQuest Central Essentials AUTh Library subscriptions: ProQuest Central Business Premium Collection ProQuest One Business - hybrid linking ProQuest One Business (Alumni) - hybrid linking ProQuest One Community College ProQuest Central Business Premium Collection (Alumni) ABI/INFORM Global (Corporate) ProQuest Business Collection (Alumni Edition) ProQuest Business Collection ABI/INFORM Professional Advanced ABI/INFORM Global Publicly Available Content Database One Business (ProQuest) ProQuest One Business (Alumni) ProQuest Central - hybrid linking ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest Central China ProQuest Central Basic |
DatabaseTitle | Publicly Available Content Database Business Premium Collection ABI/INFORM Global (Corporate) ProQuest Business Collection (Alumni Edition) ProQuest One Business ABI/INFORM Global ABI/INFORM Global (Alumni Edition) ProQuest Central Basic ProQuest Central Essentials ProQuest One Academic Eastern Edition ProQuest Central (Alumni Edition) ProQuest One Community College ProQuest Business Collection ProQuest Central China ABI/INFORM Complete ProQuest Central ABI/INFORM Professional Advanced ProQuest One Academic UKI Edition ProQuest Central Korea ProQuest One Business (Alumni) ProQuest One Academic ABI/INFORM Complete (Alumni Edition) ProQuest Central (Alumni) Business Premium Collection (Alumni) |
DatabaseTitleList | Publicly Available Content Database |
Database_xml | – sequence: 1 dbid: BENPR name: AUTh Library subscriptions: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
DeliveryMethod | fulltext_linktorsrc |
ExternalDocumentID | 3748615031 |
Genre | Working Paper/Pre-Print |
GroupedDBID | 3V. 7WY 7XB 8FK 8FL ABUWG AFKRA AZQEC BENPR BEZIV CCPQU DWQXO FRNLG K60 K6~ L.- M0C PIMPY PQBIZ PQBZA PQEST PQQKQ PQUKI PRINS Q9U |
ID | FETCH-proquest_journals_16974645163 |
IEDL.DBID | BENPR |
IngestDate | Thu Oct 10 22:41:30 EDT 2024 |
IsOpenAccess | true |
IsPeerReviewed | false |
IsScholarly | false |
Language | English |
LinkModel | DirectLink |
MergedId | FETCHMERGED-proquest_journals_16974645163 |
OpenAccessLink | https://www.proquest.com/docview/1697464516?pq-origsite=%requestingapplication% |
PQID | 1697464516 |
PQPubID | 2036240 |
ParticipantIDs | proquest_journals_1697464516 |
PublicationCentury | 2000 |
PublicationDate | 20040101 |
PublicationDateYYYYMMDD | 2004-01-01 |
PublicationDate_xml | – month: 01 year: 2004 text: 20040101 day: 01 |
PublicationDecade | 2000 |
PublicationPlace | St. Louis |
PublicationPlace_xml | – name: St. Louis |
PublicationTitle | IDEAS Working Paper Series from RePEc |
PublicationYear | 2004 |
Publisher | Federal Reserve Bank of St. Louis |
Publisher_xml | – name: Federal Reserve Bank of St. Louis |
Score | 2.5910392 |
Snippet | This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded... |
SourceID | proquest |
SourceType | Aggregation Database |
SubjectTerms | Willingness to pay |
Title | Estimating Willingness-To-Pay Using A Polychotomous Choice Function: An Application To Pork Products With Environmental Attributes |
URI | https://www.proquest.com/docview/1697464516 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV3NS8MwFA-6XrwpKn5MeaDXYD9iWr1IHS1DcBSpsNtI2ucGjma29eDVv9wk7ehB2DnkkTzyvl_ej5Bb7yPioQgZRbcsKJMBowJ9TkUpo8J9QF9abMDXGZ--s5f5_bxPuDV9W-VWJ1pFXarC5MjvPK49X25gZZ82X9SgRpnqag-hsU8c32OmTOs8J7Ps7Z9itdYiPSROJjZYH5E9rI7Jb6KlyPiF1RJsdqNaGvVCc0Uz8QO2Zg8xZGpt_0MpE4vDZKW0BEOqrY7h3CPEFcRDrRlypTfUn5B1A1sbTbldQTL8WhNriNsOzQqbE3KTJvlkSrfHXfRPqFkMFw5OyahSFZ4RKJg2t4UZMxfomLbEyMcIS8ZRhq6MhH9OxrsoXexeviQHXWOKyTCMyaitv_FK29xWXveM_QPD748o |
link.rule.ids | 786,790,21416,33777,43838 |
linkProvider | ProQuest |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV3NT4MwFH9ROOhNo8aPqS_RayMDLOjF4AJB3QgxmOxGCtQt2UIn4MGrf7ktY-FgsnPTpn3p-_74AdwOP13qMMcm3ChyYmeWTRg3KWFF5ubGAzezFhtwEtHww36d3k-7gFvdlVVuZGIrqAuRqxj53ZBKy5cqWNmn1RdRqFEqu9pBaOyCrkZuuhroz34Uv_8TrK22CA5Aj9mKV4eww8sj-PUlFym7sJxhG90oZ0q8kESQmP1gm7NHD2OxbPuhhPLFcTQXkoMxkFpHUe4RvRK9PteMiZAbqgXG64GttTy5maPfd62xJXrNGs2K18dwE_jJKCSb66bdF6rT_sHWCWilKPkpYG5LdZurMXOW9GkL7prc5YVNeeYYmcvMMxhsO-l8-_I17IXJZJyOX6K3C9hfF6moaMMAtKb65pdS_zbZVUfkP6sikh4 |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Estimating+Willingness-To-Pay+Using+A+Polychotomous+Choice+Function%3A+An+Application+To+Pork+Products+With+Environmental+Attributes&rft.jtitle=IDEAS+Working+Paper+Series+from+RePEc&rft.au=Hurley%2C+Sean+P&rft.au=Miller%2C+Douglas+J&rft.au=Kliebenstein%2C+James+B&rft.date=2004-01-01&rft.pub=Federal+Reserve+Bank+of+St.+Louis&rft.externalDocID=3748615031 |