Browsing by Author "Barrientos, Manuel"

Now showing 1 - 9 of 9
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    A comparison of mixed logit and latent class models to estimate market segments for seafood faced with ocean acidification
    (2023) Campos-Requena, Nelyda; Vasquez-Lavin, Felipe; Fernandez, Francisco; Barrientos, Manuel; Gelcich, Stefan; Ponce Oliva, Roberto D.
    This study uses a choice experiment to characterize market segments (consumer preferences heterogeneity) based on three attributes of seafood (mussels) that are affected by ocean acidification: shell appearance, meat color, and nutritional composition. Using a sample of 1,257 individuals from two main cities in Chile, we estimate both the Mixed Logit model and the Latent Class model. We use the individual-specific posterior (ISP) parameters' distribution to categorize consumers' heterogeneity based on the signs and intensity (i.e., like or dislike dimension) of these ISPs. We compare the pattern of preferences and whether people are classified within the same preference pattern in both models. In general, we observed that the models identify a different number of segments with various patterns of preferences. Moreover, the models classify the same people into different groups. Since the segmentation is sensitive to the chosen model, we discuss strengths, inconsistencies, biases, and best practices regarding methodological approaches to establishing market segments in choice experiments and future ocean acidification conditions.
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    Economic valuation of Harmful Algal Blooms (HAB): Methodological challenges, policy implications, and an empirical application
    (2024) Carias, Jose; Vasquez-Lavin, Felipe; Barrientos, Manuel; Oliva, Roberto D. Ponce; Gelcich, Stefan
    This paper presents a literature review on the economic valuation of Harmful Algal Bloom (HAB) impacts, identifying methodological challenges, policy implications, and gaps. Unlike previous literature reviews, we are particularly interested in determining whether the economic valuations of HABs have included a policy analysis. Our paper provides a conceptual framework that allows us to evaluate whether applications of economic studies of HABs are consistent with a well-defined economic welfare analysis. It links methodologies and techniques with welfare measures, data types, and econometric methods. Based on this literature review, we present an example of economic valuation that closes the gap between policy analysis and valuation methodology. We use a stated preferences study to estimate a "seafood price premium" to create a fund to support monitoring systems and for damage compensation to producers in the presence of HABs. Results show that most economic studies on HAB valuation do not consider any cost-benefit analysis of a defined policy intervention. The predominant economic valuation methodology uses market information to estimate a proxy for welfare measure of the impact of HABs (loss revenue, sales, exports). Moreover, nonuse and indirect use values are ignored in the literature, while stated preference methodologies are underrepresented. Finally, results from 1293 surveys found that people are willing to pay an increase in the price of mussels to support a policy that informs on HAB. However, the lack of institutional trust affects the probability of paying negatively.
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    Estimating discount rates for environmental goods: Are People's responses inadequate to frequency of payments?
    (2021) Vasquez-Lavin, Felipe; Carrasco, Moises; Barrientos, Manuel; Gelcich, Stefan; Ponce Oliva, Roberto D.
    Most stated preference studies estimate discount rates using a split-sample approach. Each sample faces a different payment frequency (for instance, 1, 5, 10) together with a randomly assigned bid vector; both the frequency of payments and the bid are fixed for a specific individual. This paper evaluates whether allowing respondents to choose their preferred payment frequency affects the estimated discount rate. We use data from a contingent valuation survey of a network of marine reserves and estimate discount rates using both an exogenous and endogenous approach. The former calculates the mean of the willingness to pay (WTP) for each sample and then finds the discount rate that makes the present value of each payment frequency equivalent. The latter estimates the WTP and the discount rate jointly. Results show that allowing people to choose the payment schedule significantly reduces the implicit discount rate. We observed the highest reductions in discount rates when we used all the information available from the valuation questions to bound the WTP distribution. Our analysis suggests that the exogenous approach would not be recommended for testing the adequacy of people's responses to the frequency of payments. (c) 2021 Elsevier Inc. All rights reserved.
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    Estimating the implicit discount rate for new technology adoption of wood-burning stoves
    (2021) Carrasco-Garces, Moises; Vasquez-Lavin, Felipe; Ponce Oliva, Roberto D.; Diaz Pincheira, Francisco; Barrientos, Manuel
    In the last decade, there have been several initiatives to incentivize Efficient Energy Technologies (EET) to reduce air pollution caused by wood-burning in developing countries. More efficient woodstoves can improve health, reduce family expenditures, CO2 emissions, and forest degradation. Despite these benefits, there is low level of adoption of EETs. This paper contributed to the literature in three ways. First, it estimates the implicit discount rate (IDR) used by individuals to decide whether to adopt EET using exponential and hyperbolic specifications. Second, it includes sociodemographic characteristics in the definition of the IDR. Third, it evaluates how the adoption curve changes by different policy designs. Since the interest rate is part of the policy design, comparing the interest rate and the IDR is relevant to increasing adoption. Our monthly estimated IDR is between 1.7% and 5.4% with a significant overlap with market interest rate. The IDR is affected by the perception of the future economic situation, trust in environmental authorities, happiness, and gender. We found that using an interest rate lower than the IDR increases the probability of adoption significantly. An understanding of the effects of copayments, payment frequencies, and difference between interest rates and IDR is needed to maximize adoption.
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    Firewood certification programs: Key attributes and policy implications
    (2020) Vasquez Lavin, Felipe; Barrientos, Manuel; Castillo, Alvaro; Herrera, Ivan; Ponce Oliva, Roberto D.
    Evidence from south-central Chile shows that the concentration limits for PM10 and PM2.5, defined by both the World Health Organization and national standards, are systematically exceeded, affecting approximately 10 million people. Among the sources of this pollution, firewood use accounts for the largest share. This study assesses whether consumers value environmental, social, and legal attributes associated with the firewood certification programs. We used a discrete choice model based on a sample of 500 households. According to our results, the price premium for certified firewood is about 10% in the most likely scenario, with those attributes closely related to private benefits having a higher value, compared to those of social benefits. We identify significant heterogeneity among respondents belonging to two different consumer classes: 1) those who are less price sensitive and are willing to pay for attributes related to certification; 2) those who are sensitive to prices and are not willing to pay for attributes related to certification. Since the second class includes about 46% of the sample, the implementation of certification programs could be jeopardized. Therefore, knowing this information helps us determine whether a certification system can foster the firewood industry transition to a more sustainable model.
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    Firms adaptation to climate change through product innovation
    (2022) Ponce Oliva, Roberto D.; Huaman, Joana; Vasquez-Lavin, Felipe; Barrientos, Manuel; Gelcich, Stefan
    Climate change will impose high costs on different societal actors, including firms and organizations, forcing them to adapt to this new situation. Although the relevance of implementing adaptation strategies is widely recognized, studies on firms' adaptation to climate change are still in their infancy, especially regarding small and medium enterprises. Following a multi-stage approach, we analyze how small and medium enterprises in the marine food industry could adapt to climate-induced ocean acidification through product innovation. First, we use a co-production process with the firms' representatives to gain insights into the industry's adaptation opportunities, in which product innovation arises as the preferred strategy. Second, using a Discrete Choice Experiment, we test if consumers value both the mussels' attributes likely affected by ocean acidification (sensory and nutritional) and the proposed new products developed to adapt to it. We also analyze preferences' heterogeneity through a latent class model. Our results show that consumers value the attributes potentially affected by ocean acidification. We found high heterogeneity in consumer preferences regarding product types, disentangled into two classes (non-innovative consumers and consumers willing to innovate). We suggest that the industry could base its adaptation strategy on two pillars: 1) maintain the traditional format, thus satisfying 21% of the market (non-innovative consumers); 2) direct the innovation efforts towards the canned format, thus satisfying those consumers willing to innovate (79% of the market). Although consumers willing to innovate are prone to try new formats, the preferred alternatives are not radical innovations.
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    Improved Constraints on the Initial-to-final Mass Relation of White Dwarfs Using Wide Binaries
    (2021) Barrientos, Manuel; Chaname, Julio
    We present observational constraints for the initial-to-final mass relation (IFMR) derived from 11 white dwarfs (WDs) in wide binaries (WBs) that contain a turnoff/subgiant primary. Because the components of WBs are coeval to a good approximation, the age of the WD progenitor can be determined from the study of its wide companion. However, previous works that used WBs to constrain the IFMR suffered from large uncertainties in the initial masses because their main-sequence primaries are difficult to age-date with good precision. Our selection of WBs with slightly evolved primaries avoids this problem by restricting to a region of parameter space where isochrone ages are significantly easier to determine with precision. The WDs of two of our originally selected binaries were found to be close double degenerates and are not used in the IFMR analysis. We obtained more precise constraints than existing ones in the mass range 1-2 M (circle dot), corresponding to a previously poorly constrained region of the IFMR. Having introduced the use of turnoff/subgiant-WD binaries, the study of the IFMR is not limited anymore by the precision in initial mass, but now the pressure is on final mass, i.e., the mass of the WD today. Looking at the full data set, our results would suggest a relatively large dispersion in the IFMR at low initial masses. More precise determinations of the mass of the WD components of our targets are necessary for settling this question.
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    Microplastics in seafood: Consumer preferences and valuation for mitigation technologies
    (2024) Barrientos, Manuel; Lavin, Felipe Vasquez; Oliva, Roberto D. Ponce; Nayga, Rodolfo M.; Gelcich, Stefan
    Microplastics, an emerging pollutant, have garnered widespread attention due to potential repercussions on human health and the environment. Given the critical role of seafood in food security, growing concerns about microplastics might be detrimental to meeting future global food demand. This study employed a discrete choice experiment to investigate Chilean consumers' preferences for technology aimed at mitigating microplastic levels in mussels. Using a between-subjects design with information treatments, we examined the impact of informing consumers about potential human health and environmental effects linked to microplastics pollution on their valuation for the technology. We found that the information treatments increased consumers' willingness to pay for mussels. Specifically, consumers were willing to pay a premium of around US$ 4 for 250 g of mussel meat with a 90 % depuration efficiency certification. The provision of health impact information increased the price premium by 56 %, while the provision of environmental information increased it by 21 %. Furthermore, combined health and environmental information significantly increased the probability of non-purchasing behavior by 22.8 % and the risk perception of microplastics for human health by 5.8 %. These results emphasized the critical role of information in shaping consumer preferences and provided evidence for validating investment in research and development related to microplastic pollution mitigation measures.
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    Out of sight, not out of mind: The effect of access to conservation sites on the willingness to pay for protecting endangered species
    (2024) Henriquez, Makarena; Vasquez-Lavin, Felipe; Barrientos, Manuel; Oliva, Roberto D. Ponce; Lara, Antonio; Flores-Benner, Gabriela; Riquelme, Carlos
    According to the latest global assessment report on biodiversity and ecosystem services, nature and biodiversity have experienced a global decline, making the development of conservation policies urgent. Herein, we used a contingent valuation survey to estimate the economic value of a reintroduction program for the huemul ( Hip- pocamelus bisulcus ), an endangered charismatic species in Chile. Our novel approach exploits changes in the access to the site to disentangle nonuse value from use value. We use parametric and nonparametric models to estimate the willingness to pay for the program. Our findings consistently indicate that the conservation of the huemul is valued more when tourist access is restricted, as opposed to allowing visitors access to reintroduction areas. We also analyze the sensitivity of this main finding to different cut-off points of a certainty scale, showing that the results are robust. We hypothesize that people are willing to pay a "premium" to keep the conservation site "out of sight" from tourist activities. This could also be related to the belief that a reintroduction program would be more effective if access was not allowed. A cost -benefit analysis using the most conservative assumptions suggests that social benefit significantly outperforms cost.