Arbeitspapier

Protection Motivation Theory and Contingent Valuation: Perceived Realism, Threat and WTP Estimates for Biodiversity Protection

We report on a discrete-choice CV study conducted in Germany to value the WTP for biodiversity protection in less developed countries. To systematically investigate survey realism and subjective threat assessment from the loss of biodiversity described in the scenario the study includes questions to uncover the constructs of Protection Motivation Theory, which is introduced to the CV literature. The patterns of responses to such questions are analysed using an Expectation-Maximization algorithm to derive class membership probabilities. These are found to match the predictions of Protection Motivation Theory and systematically improve the logistic analysis of the WTP responses.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 26.2005

Classification
Wirtschaft
Classification Discontinued 2008. See C83.
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Subject
Biodiversity valuation
Protection motivation theory
Latent class analysis
Expectation-Maximization algorithm
Contingent valuation
Biodiversität
Willingness to pay
Deutschland
Diskrete Entscheidung

Event
Geistige Schöpfung
(who)
Scarpa, Riccardo
Menzel, Susanne
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2005

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Scarpa, Riccardo
  • Menzel, Susanne
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2005

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