Naz, Antonia Corinthia C and Mario Tuscan N. Naz. 2006. Modeling ...
Naz, Antonia Corinthia C and Mario Tuscan N. Naz. 2006. Modeling ...
Naz, Antonia Corinthia C and Mario Tuscan N. Naz. 2006. Modeling ...
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Where: V = coefficient of variation<br />
∆ = possible deviation as a percentage of the mean revealed WTP<br />
α = 0.10 indicates that 90% of the time estimated mean WTP will be within ∆ of true<br />
mean WTP<br />
3.2.1.3. The Definition of Variables <strong>and</strong> the Econometric Models<br />
Models for Households<br />
Model 1: Basic Model (ECOSWAM Attributes only) of the Base Case<br />
ViH = f (Xk, εH) (6a)<br />
ViH = ASCH + β1H * C + β2H * F + β3H * P + β4H * WTL1 + β5H * WTL2 (6b)<br />
Model 2: Complete or Exp<strong>and</strong>ed Model (ECOSWAM attributes interacted with the<br />
characteristics of the households) of the Base Case<br />
ViHC = f (Xk, ZmH, εH) (7)<br />
Where: i = option = 1, 2; option 2 is the base case in the choice set<br />
ViH = The probability that the household (respondent) will choose<br />
the ith option in the choice set<br />
X k = Attributes of the ECOSWAM options (see Table 3.1)<br />
ASCH = Alternative specific constant for households<br />
β k = Coefficients of the attributes, X k<br />
Z mH = Individual characteristics of the household (H) interacted with<br />
the attributes of the ECOSWAM service options<br />
α mH = Coefficients of the Z mH interacted with a XK<br />
εH = Error term to explain other factors affecting the choice that<br />
are not included in the model for households<br />
Subscript H = Basic Household Model 1<br />
Subscript HC = Complete or Exp<strong>and</strong>ed Household Model 2<br />
Table 4: Variables in the Choice Models for the Households<br />
Variable /<br />
Description <strong>and</strong> Codes<br />
Coefficient<br />
Dependent Variable The probability that the household (respondent) will choose the ith option in<br />
ViH<br />
the choice set<br />
Independent Variables<br />
Xk<br />
Attributes of ECOSWAM Services<br />
C Collector of waste <strong>and</strong> waste collection or transport vehicle<br />
Level 1: barangay workers with hired vehicle, e.g., jeepney (0)<br />
Level 2: municipal workers with truck (1)<br />
F Frequency or number of times waste is collected in a week<br />
Level 1: Once a week (1); Level 2: Twice a week (2)<br />
P Price of the ECOSWAM service or the user fee<br />
Level 1: PhP5/week(5)<br />
Level 2: PhP10/week(10)<br />
Level 3: PhP15/week(15)<br />
Level 4: Php20/week(20)<br />
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