We compare two methods of stated preference valuation techniques -dichotomous choice contingent valuation and choice experiments – to test for the prevalence of embedding. The test is based on a survey of willingness to pay for the preservation of heath areas in Denmark. Using only one outcome...

In a choice experiment we test income effects for different attributes and we test the effect of stated expected changes in future income on stated WTP. We find both present and future income to be significant determinants of stated WTP when included in the same model. We also find that the less...

In general most nature-based recreational goods and benefits are considered positive externalities of production, as they are usually not subject to trade. So far, a low degree of rivalry among most user groups and legally defined rights has secured these benefits as almost a public good. Yet,...