This paper provides the latest research developments in the method of choice experiments applied to valuation of non …-market goods. Choice experiments, along with the, by now, well-known contingent valuation method, are very important tools for …

reforestation were subjected to a cost-benefit analysis. The evaluation ended with an analysis of seven potential policy options for … outweighs the cost of doing so. The options where the responsibility for paying for reforestation rests on lessees (performance … options where the responsibility to pay for reforestation cannot be identified (DENR grant, foreign fund, private sector …

generally) and valuation methods, we show that the degree of regularity and conformity with theory and empirical expectations is … higher for the more homogenous dataset of contingent valuation of endangered species. For example, we find that willingness … increases with income. Increasing the degree of heterogeneity in the valuation data, however, preserves much of the regularity …