Discovery Projects - Grant ID: DP0774142

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0774142

Funding Status
Closed

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Funded Activity Summary

Investigating Linkages Among Individual Decision Rules, Properties of Experimental Designs and Choice Models In Environmental Economics Applications. Discrete Choice Experiments or 'stated preference' (SP) surveys are increasingly being used to estimate public benefits of proposed environmental policy changes. The accuracy of environmental policy analyses and forecasts of welfare changes based on SP models depends heavily on unbiased parameter estimates. Our project aims to assess what happens if common assumptions about consumer preferences in SP surveys are violated. We also study whether exploratory analysis methods can detect the violations to guide future research and applications. Successful completion of this project will lead to more accurate policy analyses and forecasts based on discrete choice models.

Funded Activity Details

Start Date: 01-02-2007

End Date: 31-10-2010

Funding Scheme: Discovery Projects

Funding Amount: $286,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Econometric And Statistical Methods | Applied Economics | Agricultural Economics | Environment And Resource Economics

ANZSRC Socio-Economic Objective (SEO)

Technological and organisational innovation | Economic issues not elsewhere classified | Environmental and resource evaluation not elsewhere classified |

Other Keywords

Agricultural Economics | Applied Economics | Econometric And Statistical Methods | Economic issues not elsewhere classified | Environment And Resource Economics | Environmental and resource evaluation not elsewhere classified | Technological and organisational innovation

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