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
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Scarpa, Riccardo
- Menzel, Susanne
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 2005