ILAI WTP
Responden Bid WTP Income
5 10000 1 890000
25 10000 1 980000
27 10000 1 780000
41 10000 1 750000
42 10000 1 1000000
The following is exercise for Calculating WTP with non paramteric AND PARAMETRIC method
1.00
0.80
Relative frequency of acceptance and refusal
3000 5000 10000 15000 0.60
0.73 0.6 0.33 0
0.27 0.4 0.67 1 0.40
0.20
0.00
3000
WTP Upper Freq for Assumption
bound WTP class of class
median
26.7% have WTP < 3000 0<WTP<3000 1500
40% have WTP < 5000 3000<WTP<5000 4000
66.67% have WTP <10000 5000<WTP<10000 7500
100% have WTP <15000 10000<WTP<15000 12500
-
ency of Max WTP
1.00
0.80
0.60 Accept
Reject
0.40
0.20
0.00
3000 5000 10000 15000
alpha1 -14.71
alpha2 -0.000636
alpha3 -0.000025 nilai alpha 1-3 didapat dari hasil analisis binary logistik
-(α₁/α₂) -23128.9308
-(α₃/α₂)*X_inc
MWTP