Willingness to Pay for Hurricane-Resistant Home Improvement Programs: a Choice Experiment in Northeastern and Mid-Atlantic United States
Willingness to Pay for Hurricane-Resistant Home Improvement Programs: a Choice Experiment in Northeastern and Mid-Atlantic United States
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支付抗飓风家居改善计划的意愿：美国东北部和大西洋中部的选择实验
DOI：
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发表时间：
2017
期刊：
影响因子：
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通讯作者：
Pallab Mozumder
中科院分区：
文献类型：
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作者：
William F. Vásquez;Pallab Mozumder
我们进行了一项选择实验，调查美国东北部和中大西洋地区的家庭对房屋改善计划的偏好，该计划将使房屋结构更能抵御飓风。实验设计包括四个不同层次的属性：认证验房、家庭改善配套补助、有条件保险费折扣和项目费用。为了控制被调查者的行为异质性，采用规模异质性多项逻辑模型对被调查者的选择进行了分析。调查结果表明，家庭将重视以匹配补助的形式为抗飓风的房屋改善和有条件的保险折扣提供激励的计划。讨论了政策影响。
We conducted a choice experiment to investigate household preferences for a home improvement program that would make housing structures more resistant to hurricanes in Northeastern and Mid-Atlantic United States. The experimental design included four attributes with varying levels: certified home inspection, matching grant for home improvements, conditional insurance premium discount, and program fee. Respondents’ choices were analyzed using scale-heterogeneity multinomial logit models in order to control for respondents’ behavioral heterogeneity. Findings indicate that households would value a program that provides incentives in the form of matching grants for hurricane-resistant home improvements and conditional insurance discounts. Policy implications are discussed.