Combining Stated Preference and Revealed Preference Methods for the Valuation of Non-market Goods

(整期优先)网络出版时间:2012-04-14
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Inthispaper,weintroducethecombiningstatedpreferenceandrevealedpreferencemethodswhichisthestate-ofthe-artmethodforthevaluationofnon-marketgoods.Revealedpreferencemethodsandstatedpreference(SP)methodshavebothbeenappliedbyeconomistsinvaluingnon-marketgoods;howeverbothmethodshaveinherentweaknesses.Inordertoexploitthestrengthsofthevariousapproacheswhileminimizingtheirweaknesses,combiningthetwomethodshasbecomeanimportantmethodologicaloption.Uptonow,agrowingnumberofliteraturesofstudyingcombingthetwotypesofdatahaveevolved,andresearchersdevelopedthreetypesofmodelstoestimatecombiningrevealedpreferenceandstatedpreferencedatainacademicfields:discretechoicemodel,continuouschoicemodelandmixedchoicemodel.Combiningstatedandrevealedpreferencemethodshavebeendevelopedfastespeciallyinthetransportstudyfieldinwhichideascouldalsobeleantforenvironmentaleconomicstudies.