Estimating Willingness to Pay for E10 fuel: a contingent valuation study

Sanjoy Bhattacharjee (), Daniel Petrolia and Herndon, Cary W.,

No 6730, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: In this study, we measure willingness to pay for E10 fuel by US consumers employing a contingent valuation technique in a simultaneous latent variable equation framework. The simultaneous equation framework helps us to understand the way consumers' perceptions about ethanol are developed and influence their respective buying behavior.

Keywords: Institutional and Behavioral Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 20
Date: 2008
New Economics Papers: this item is included in nep-dcm and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaed:6730

DOI: 10.22004/ag.econ.6730

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