Use of Dichotomous Choice Contingent Valuation Method to Value the Manukan Island, Sabah

• Main Authors: Alias, Radam, Shazali, Abu Mansor
• 格式: E-Article
• 语言: English
• 出版: Universiti Putra Malaysia Press 2005
• 主题: HB Economic Theory
• 在线阅读: http://ir.unimas.my/id/eprint/18544/7/Use%20of%20Dichotomous%20Choice%20Contingent%20Valuation%20Method%20%28abstract%29.pdf; http://ir.unimas.my/id/eprint/18544/

This study presents the application of dichotomous choice contingent valuation method (CVM) to value outdooors-recreational resources in Manukan Island, Sabah. Both the logit and probit models are used to analyse the primary data obtained through personal interview. The maximum likelihood estimates...