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Conference Paper
The Economic Value of Converged Communications and Broadcasting Services Using Nonparametric Regression Approach
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- Authors
- Choon Mo AhnI, Il Soo Roh
- Issue Date
- 2006-07
- Citation
- Portland International Conference on Management of Engineering and Technology (PICMET) 2006, pp.2005-2009
- Language
- English
- Type
- Conference Paper
- Abstract
- We apply a semi-parametric estimator for binary discrete response data to the estimation of a dichotomous choice contingent valuation model. This estimator is based on the statistical modeling of so-called current status data in biostatistics. This methodology can be used without making non-theoretically motivated assumptions on consumer' preferences. The approach is illustrated using a contingent valuation survey of willingness to pay for next generation converged communications and broadcasting services. (c) 2006 PICMET.
- KSP Keywords
- Contingent valuation, Current status, Dichotomous choice, Nonparametric Regression, Regression approach, Semi-parametric, Statistical modeling, Status data, Willingness to pay, broadcasting services, economic value