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A Box-Cox double-hurdle model of wildlife valuation: the citizen’s perspective

Roberto Martinez-Espineira ()

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Abstract: A stated-preference approach is used to elicit the attitudes of the general public towards coyotes conservation. The payment vehicle is presented in a way that explicitly prompts individuals to adopt a citizen perspective, rather than a consumer perspective, when responding to the survey. To deal with the large numbers of zero responses, a Box- Cox Double Hurdle specification is used to model separately individuals’ choices about whether to support conservation or not and their choice about the degree of support. The results show that simpler analyses that do not account explicitly for this two different decisions would lead to misleading conclusions in the study of nuisance wildlife. The study uses a survey conducted in Prince Edward Island (Canada).

Keywords: Coyotes; wildlife valuation, citizen versus consumer preferences; paymentvehicle; Box-Cox, double hurdle time-series, co- integration, Error Correction Model. (search for similar items in EconPapers)
JEL-codes: Q20 Q26 (search for similar items in EconPapers)
Date: 2004-10-03
Note: Type of Document - pdf; pages: 34
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http://129.3.20.41/eps/othr/papers/0410/0410003.pdf (application/pdf)

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Journal Article: A Box-Cox Double-Hurdle model of wildlife valuation: The citizen's perspective (2006) Downloads
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpot:0410003

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