Bayesian Analysis of Interval Data Contingent Valuation Models and Pricing Policies
区间数据条件估值模型与定价政策的贝叶斯分析
The general aim of a contingent valuation survey is to elicit the willingness to pay (WTP) of respondents for some (public) commodity without a clear market price. This could be a program to protect some environmental resource or, as in our application, the access to a recreational area of particular interest. In this context, we want to accommodate the possibility of zero WTP and we need to deal with the fact that observations arise as intervals for WTP, rather than point…