Environmental Risk and Averting Behavior: Predictive Validity of Jointly Estimated Revealed and Stated Behavior Data
- ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
- John Whitehead Ph.D., Professor & Department Chair (Creator)
- Institution
- Appalachian State University (ASU )
- Web Site: https://library.appstate.edu/
Abstract: We conduct predictive validity tests using revealed and stated behavior data from a
panel survey of North Carolina coastal households. The application is to hurricane evacuation
behavior. Data was initially collected after Hurricane Bonnie led to hurricane evacuations in
North Carolina in 1998. Respondents were asked for their behavioral intentions if a hurricane
threatened the North Carolina coast during the 1999 hurricane season. Following Hurricanes
Dennis and Floyd in 1999, a follow-up survey was conducted to see if respondents behaved as
they intended. A jointly estimated revealed and stated behavior model indicates that the
hypothetical and real evacuation behavior is based on the same choice process. Using predictions from this model with a hypothetical bias correction, we find that it predicts actual
evacuation behavior with a small forecast error. These results suggest that stated behavior
data has some degree of predictive validity.
Environmental Risk and Averting Behavior: Predictive Validity of Jointly Estimated Revealed and Stated Behavior Data
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Created on 9/28/2012
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Additional Information
- Publication
- Whitehead, John C. (2005) Environmental Risk and Averting Behavior: Predictive Validity of Jointly Estimated Revealed and Stated Behavior Data, Environmental and Resource Economics, 32(3):301-316. Published by Springer (ISSN: 09246460). DOI: 10.1007/s10640-005-4679-5
- Language: English
- Date: 2005