Pointwise Convergence of a Nonparametric Estimator of Regression in a Measurable Space Used in Contingent Valuation Method

The Contingent Valuation Method is used to evaluate individual preferences for a change concerning a public non-market resource or property. The objective is to build a nonparametric forecasting model of an individual's Willingness To Pay according to geographical location. Within this framework, an...

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Veröffentlicht in:Journal of mathematics and system science 2015-05, Vol.5 (5), p.188-195
Hauptverfasser: Taibi, Salima, Dimitri, Laroutis, S. L., Adigaw-E-Touck
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Sprache:eng
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Zusammenfassung:The Contingent Valuation Method is used to evaluate individual preferences for a change concerning a public non-market resource or property. The objective is to build a nonparametric forecasting model of an individual's Willingness To Pay according to geographical location. Within this framework, an estimator (of type Nadaraya-Watson) is proposed for the regression of the variable related to geolocation. The specific characteristics of the location variable lead us to a more general regression model than the traditional models. Results are established for convergence of our estimator.
ISSN:2159-5291
2159-5305
2159-5291
DOI:10.17265/2159-5291/2015.05.003