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Oral Presentation II

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J
Jenny Chen
TechnologyReal Estate
1 of 30
Presenter: Jenny Chen 陳瑩珍 Instructor: Dr. Pi-Ying Teresa Hsu November 12, 2009
[object Object]
Contents I. Introduction II. Methodology III. Results IV. Conclusion V. Personal Reflection
Introduction ,[object Object]
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object],[object Object],[object Object],Revealed Preferences Techniques Stated Preferences Techniques
Purpose ,[object Object]
Study Site
Study Site El Jard í n del T ú ria
Methodology Time spring 2005 Participants 1455 Sampling stratified Payment Vehicle annual increase in local taxes Elicitation Approach open-ended Survey face-to face interview
Methodology
Methodology First Section ,[object Object],[object Object],Third Section ,[object Object],Second Section ,[object Object],[object Object]
Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methodology Zero WTP preference unfamiliarity
Methodology Ordinary Least-Square Regressions biased and inconsistent estimates of the parameters
Methodology ,[object Object],[object Object],[object Object],Tobit Model
Methodology ,[object Object],[object Object],[object Object],Double-Hurdle Model
Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Double-Hurdle Model
Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methodology Probit Model to evaluate the censoring rule ( Z i θ ) Truncated Regression Model to obtain the bid function ( X i β ) for the subsample of censored observations
Results
Results ,[object Object],[object Object],[object Object],[object Object],× relative surface (26.76%) ＜ 7.60 €
Results
Results ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reject H 0
Results
Results ,[object Object]
Conclusion ,[object Object],[object Object],[object Object],[object Object]
Personal Reflection ,[object Object],[object Object],[object Object],[object Object]
Thank you for your attention!

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Oral Presentation II