The assessment of alternative forest management strategies should account not only for the private benefits to forest landowners but also for the ecological, environmental and economic benefits valued by society. There are a number of empirical valuation methods that may contribute to that...

Contingent valuation has been given a psychological interpretation, by Kahneman and colleagues, that claims willingness to pay bids represent psychological attitudes rather than personal economic valuations. Evidence reported here shows the need to qualify the role of this attitudinal...

The paper presents the results of a choice experiment carried out on the visitors of the Galleria Borghese Museum in Rome. The main objective of the work is to study the relevancy of choice experiment techniques as a tool aimed at measuring economic values supplied by cultural institutions. A...

Wedevelop a multinomial logitmodel with missing information that can be used to test for hidden alternatives in random utility models and contingent valuation analysis. To illustrate our latentchoice technique, we focus on the “don’t know” responses in dichotomous choice contingent...

Rock climbers are likely to exhibit preference heterogeneity dictating the way with which such sport is practiced. This has a reflection on the population’s structure of recreational values of rock-climbing destinations, their attributes, and to land management policies. We test this...

Con la ayuda del método del coste del viaje el valor de uso recreativo de un determinado espacio se define, simplemente, como el excedente del consumidor medido por debajo de la función de demanda estimada. Esta es una práctica suficientemente satisfactoria cuando se analiza el valor de...

We empirically investigate the effect of the payment mechanism on contingent values by asking a willingness-to-pay question with one of three different payment mechanisms: individual contribution, contribution with provision point, and referendum. We find statistical evidence of more affirmative...

Traditionally, the academic debates about the benefits that the existence of multilevel government structures provide have been directly related to the gains in efficiency that derive from the processes of decentralization of the Public Sector. However, as of the last decades, the Public Finance...