From evidence to calibration for starting point bias: willingness to pay for treated mosquito nets in Gujarat, India

2005 ◽  
Vol 37 (1) ◽  
pp. 1-7 ◽  
Author(s):  
M. R. Bhatia
Keyword(s):  
Willingness To Pay ◽  
Mosquito Nets ◽  
Starting Point ◽  
Starting Point Bias

scholarly journals PRM35 Empirical Examination of Starting Point Bias with the Bidding Game in a Willingness-to-Pay Analysis

2012 ◽  
Vol 15 (4) ◽  
pp. A165
Author(s):  
M. Iskedjian ◽  
A. Mclean ◽  
J. Berbari ◽  
B. Farah ◽  
J.A. Watson ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Empirical Examination ◽  
Bidding Game ◽  
Starting Point ◽  
Starting Point Bias

scholarly journals Renewable Minigrid Electrification in Off-Grid Rural Ghana: Exploring Households Willingness to Pay

2021 ◽  
Vol 13 (21) ◽  
pp. 11711
Author(s):  
Artem Korzhenevych ◽  
Charles Kofi Owusu
Keyword(s):  
Rural Communities ◽  
Willingness To Pay ◽  
Business Models ◽  
Policy Implications ◽  
Rural Electrification ◽  
Starting Point ◽  
Contingent Valuation Survey ◽  
The Government ◽  
Using Data ◽  
Starting Point Bias

Renewable energy minigrids hold significant prospects for Africa’s energy sector and its economic development in general. The government of Ghana has established pilot renewable minigrids in five off-grid communities as a testing ground for the electrification of over 600 existing rural communities that cannot be electrified via the national grid. Although there is evidence on willingness to pay (WTP) values for renewable-generated electricity in some developing countries, little is known about households’ WTP for renewable-based electricity in Ghana and, in particular, about renewable minigrids for rural electrification. This paper provides one of the first WTP estimates for renewable-based electricity for rural electrification in a developing economy context such as Ghana. Using data from a contingent valuation survey undertaken in all five pilot renewable minigrid project communities, we found that rural households are willing to pay an average of 30 GHC/month (≈5 USD/month) for high-quality renewable-powered electricity services, which is twice the amount they are currently paying based on the Uniform National Tariffs. The hypothetical bias is addressed by conducting a survey among active users of the minigrids. The starting point bias is reduced by employing random starting bids. The respondents are willing to pay between 9 and 11% of their discretionary incomes to cover the cost of accessing reliable renewable-powered electricity in the rural, off-grid communities in Ghana. The paper concludes by discussing the policy implications of these findings regarding the development of tariff regulations and business models for renewable minigrids in the rural, off-grid sector.

WILLINGNESS TO PAY IN TREATMENT OF BLEEDING DISORDERS

2000 ◽  
Vol 16 (2) ◽  
pp. 706-710 ◽  
Author(s):  
Steven R. Eastaugh
Keyword(s):  
Willingness To Pay ◽  
Rating Scale ◽  
Health Technology ◽  
Bleeding Disorders ◽  
Category Rating ◽  
Contingent Valuation Study ◽  
Starting Point ◽  
Valuation Study ◽  
Starting Point Bias ◽  
Structured Regression

This paper presents the results of a contingent valuation study measuring willingness to pay (WTP) for treatment of patients with von Willebrand's disease. Median WTP for treatment of this disorder was $1,500 or $3,500, depending on how the initial bid was structured. Regression analysis shows that income, education, and a category rating scale for health status were significant in predicting WTP. The adjusted annual WTP was $2,178. WTP surveys may increasingly be useful for health technology assessment. Starting point bias in how the bids are structured must be recognized.

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