MétaCan
Menu
← Back to cohort
Record W2228902687

Sensitivity of community values to economic valuation technique: Evidence and explanations

2006· article· en· W2228902687 on OpenAlexaff
Alan Shiell, Lisa Gold

Bibliographic record

VenueSSRN Electronic Journal · 2006
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic and Environmental Valuation
Canadian institutionsUniversity of Calgary
Fundersnot available
KeywordsWillingness to payContingent valuationValuation (finance)PopulationEconometricsWelfareDiscrete choiceEconomicsStatisticsActuarial scienceMathematicsDemographyMicroeconomics
DOInot available

Abstract

fetched live from OpenAlex

Objective: To assess the sensitivity of stated preference results to valuation technique by comparing mean stated preference values attained from a discrete choice experiment (DCE) to those attained from willingness to pay questions (WTP). Methods: Representative general population postal survey of 3500 households in 16 local government areas of Victoria, Australia. The survey included a discrete choice experiment and willingness-to-pay questions for proposed changes to local maternal health services at three different levels of program effectiveness (4% reduction in postnatal depression, 2% reduction, and no change). Results: 43% of contacted households participated. WTP-based estimates of mean value of the program improvement were A$56, A$49 and A$43 for the three levels of program effectiveness. Corresponding DCE-based estimates were A$55, A$36 and A$16. Confidence intervals around estimates produced by these two valuation techniques overlap for the first two levels of program effectiveness, but mean estimates are statistically significantly different at the lowest level of effect. Discussion: Contingent valuation (when asked in a dichotomous-choice format) and DCE approaches have a common base in random utility theory and should produce similar welfare estimates of changes in the good or service described. However, very few studies exist that test the comparative results from contingent valuation and DCE studies and the available studies find mixed results. This paper adds to this limited empirical base and may shed more light on how and why different stated preference techniques yield different results. In this study, the values of a general population sample appear similar for the projected scenario (of a community-based public health program that results in a reduction in postnatal depression from 14% to 10%). However, the sensitivity of welfare estimates to the scale of program effectiveness offered differs significantly between approaches. This results in a statistically significant difference in the mean value attached to a scenario describing a less successful public health program.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.255
metaresearch head score (Gemma)0.611
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.255
Threshold uncertainty score0.918

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.2550.611
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.003
Bibliometrics0.0030.004
Science and technology studies0.0010.008
Scholarly communication0.0030.004
Open science0.0030.004
Research integrity0.0030.002
Insufficient payload (model declined to judge)0.0070.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.073
GPT teacher head0.252
Teacher spread0.179 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2006
Admission routes1
Has abstractyes

Explore more

Same venueSSRN Electronic Journal→Same topicEconomic and Environmental Valuation→French-language works237,207→