"Multiscale spatial pattern in nonuse willingness to pay: Applications " by Robert J. Johnston, Daniel Jarvis et al.
 

Economics

Multiscale spatial pattern in nonuse willingness to pay: Applications to threatened and endangered marine species

Document Type

Article

Abstract

This paper demonstrates methods that may be combined to characterize otherwise undetectable spatial heterogeneity in stated preference willingness to pay (WTP) estimates that may occur at multiple geospatial scales. These include methods applicable to large-scale analysis with diffuse policy impacts and uncertainty regarding the appropriate scales over which spatial patterns should be evaluated. Illustrated methods include spatial interpolation and multiscale analysis of hot/cold spots using local indicators of spatial association. An application to threatened and endangered marine species illustrates the empirical findings that emerge. Findings include large-scale clustering of nonuse WTP estimates at multiple scales of analysis.

Publication Title

Land Economics

Publication Date

2015

Volume

91

Issue

4

First Page

739

Last Page

761

ISSN

0023-7639

DOI

10.3368/le.91.4.739

Cross Post Location

Student Publications

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