Table 3.

Estimated WTP Values (€/Household/Year) Based on the Three Random Utility Choice Models

Water Quality ScenarioBasinRPL Model 1RPL Model 2Latent ClassPoe Testa
WTP95% CIWTP95% CIWTP95% CIpReject Equality?
Implicit prices
 Poor → ModerateCampiña48.937.8–60.545.229.1–62.531.45.7–57.00.638No
 Poor → GoodCampiña59.546.4–73.158.641.7–76.963.844.8–82.80.523No
 Poor → Very goodCampiña80.367.6–93.465.448.3–86.384.060.8–107.20.866No
 Moderate → GoodValle42.831.1–54.637.621.6–55.961.740.4–83.00.658No
 Moderate → GoodDoñana9.6−1.9 to 20.410.5−7.4 to 26.929.38.6–50.00.470No
 Moderate → Very goodValle54.543.6–66.441.724.8–59.083.857.0–110.50.871No
 Moderate → Very goodDoñana13.42.2–25.034.317.9–51.332.75.9–59.50.050Yes
 Good → Very goodAlto10.51.3–19.013.9−0.7 to 27.623.5−1.0 to 48.00.348No
Compensating surplus
 Current → GoodWhole102.383.0–122.7135.0102.4–172.1130.586.0–175.00.074No
 Current → Very goodWhole158.7134.5–184.7211.9169.0–257.3225.4158.4–292.30.034Yes
  • Note: RPL, random parameters logit; WTP, willingness to pay.

  • a Test of the emprirical distribution of the WTP values estimated for the first and second RPL model (Poe, Giraud, and Loomis 2005)