Heterogeneous preferences regarding global climate change

• 成果类型: Article
• 署名作者: Layton, DF; Brown, G
• 署名单位: University of California System; University of California Davis; University of Washington; University of Washington Seattle
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/003465300559091
• 发表日期: 2000-11
• 页码: 616-624
• 关键词: models

摘要

We examine the structure of preferences for mitigating impacts of global climate change that will not occur during the lifetimes of most who are alive today. Because no market data exist for such distant markets, a statedpreference approach is used. The analysis is based on the random-parameters logit model, and the results indicate substantial heterogeneity in respondent preferences, that mean willingness to pay is a significant and increasing function of the scope of the impact, and, provocatively, that respondents have the same preferences over the two very different time horizons that we consider.