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In this study we have addressed appropriate modelling of heterogeneity in willingness to pay (WTP) for environmental goods, and have demonstrated its importance using a case of forest access in Denmark. We compared WTP distributions for four models: (1) a multinomial logit model, (2) a mixed...
Persistent link: https://www.econbiz.de/10010953283
In this paper we exploit a choice experiment modelling framework to estimate the potential non-market welfare impacts of a number of hypothetical rural Irish landscape types that could become real by the year 2030, depending both on future agricultural policy reform and changing land use...
Persistent link: https://www.econbiz.de/10010623895
There is a growing literature on the design and use of stated choice experiments. Analysts have developed sophisticated ways of analysing such data, using a form of discrete choice model to identify the marginal (dis)utility associated with observed attributes linked to an alternative, as well...
Persistent link: https://www.econbiz.de/10010623928