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Kernel vs. Logit Modeling of Single Bounded CV Responses: Valuing Access to Architectural and Visual Arts Heritage in Italy

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Environmental Resource Valuation

Part of the book series: Studies in Risk and Uncertainty ((SIRU,volume 11))

Abstract

This paper presents the results from a contingent valuation study carried out to value the yearly amount users are hypothetically willing to pay to maintain Rivoli Castle under a regime of public access. Estimates of expected willingness to pay are derived first parametrically by means of a standard univariate logit model and then nonparametrically by means of univariate kernel smoothers.

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Scarpa, R., Sirchia, G., Bravi, M. (1998). Kernel vs. Logit Modeling of Single Bounded CV Responses: Valuing Access to Architectural and Visual Arts Heritage in Italy. In: Bishop, R.C., Romano, D. (eds) Environmental Resource Valuation. Studies in Risk and Uncertainty, vol 11. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5741-8_12

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  • DOI: https://doi.org/10.1007/978-1-4615-5741-8_12

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7630-9

  • Online ISBN: 978-1-4615-5741-8

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