Choice experiments have become an important tool to provide guidance about the value of environmental goods and services. Several evidences, however, are pointing toward an important mismatch between the rationality principles assumed by this methodology and real respondents’ behaviour,...

We define a simple criterion for assessing the plausibility of Willingness to Pay (WTP) estimates obtained from discrete choice experiments. The criterion compares WTP for the bundle of attributes yielding the highest utility with a threshold value related to the highest level of the cost...

Ecosystem services generate benefits that enter human consumption either directly or indirectly via their contribution to human production activities. In this contribution, we provide evidence that (i) the demand of peasants for ecosystem services in rural Indonesia depends on relative poverty;...

The paper analyses the impact that European Union citizens’ access to information on climate change has on their awareness of carbon capture and storage (CCS), perceived risks and benefits of using CCS and stated choice of preferred CCS options. We use Eurobarometer data about...

Insufficient access to rural credit institutions, the absence of marketing chains for agricultural products and limited application of advanced farming technology are the main development constraints in the Georgian agricultural sector. To research farmers’ demand for rural financial...

Discrete choice experiments are an important method to derive willingness-to-pay estimates for non-market goods. Several studies have shown that willingness-to-pay estimates derived from discrete choice experiments can be sensitive to the order of the presented choice tasks or the size of the...