The effect of Status Quo (SQ) interpretation on welfare estimates: An application of white water rafting (WWR)

• Main Authors: Hasan Basri, Bakti, Rawi, Shamsul Bahrain, Omar, Hamimi, Mohamad @ Alwi, Mohamad Khairi
• Format: Conference or Workshop Item
• Language: English
• Published: 2013
• Subjects: HC Economic History and Conditions
• Online Access: http://repo.uum.edu.my/9551/1/PK.pdf; http://repo.uum.edu.my/9551/; http://www.ukm.my/fep/perkem/perkemVIII/
• Institution: Universiti Utara Malaysia

Choice Experiment (CE) technique requires respondents to choose the most preferred alternative from a series of alternatives presented to them.One of these alternatives is Status Quo (SQ) option which resembles the current scenario.However, respondents’ interpretation of SQ may differ.This is inevit...