Showing 1 - 10 of 16
This paper tests whether changes in 'incidental emotions' lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental emotions...
Persistent link: https://www.econbiz.de/10011266609
This study employed a choice experiment (CE) to ascertain consumer preferences and willingness to pay (WTP) for non-market food product quality attributes. Data were obtained from a large mail survey and estimated with a random parameter logit model. The results indicate that Swedish consumers...
Persistent link: https://www.econbiz.de/10005771215
In environmental valuation studies with stated preference methods, researchers often provide descriptions of status quo conditions which may differ from those perceived by respondents. Ignoring this difference in utility baselines may affect the magnitude of utility changes and hence bias the...
Persistent link: https://www.econbiz.de/10008532031
In an effort to improve productivity and profits many farmers have replaced traditional livestock breeds with higher yielding alternatives. While such changes may bring about short-term economic gains, the loss of traditional livestock breeds could result in the loss of an important genetic...
Persistent link: https://www.econbiz.de/10005169974
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 valuing non-market goods and the results are used in...
Persistent link: https://www.econbiz.de/10005042555
In this paper we test the validity of choice experiments with donations for environmental projects. In particular, we test whether or not willingness to pay for projects differs between a hypothetical and an actual choice experiment. Our results do not indicate that choice experiments suffer...
Persistent link: https://www.econbiz.de/10005190954
By using hypothetical choice experiments, this paper presents evidence that individuals' concern for relative consumption depends on their relative consumption. Individuals with consumption levels above society's average consumption level tend to have, in general, lower concern for relative...
Persistent link: https://www.econbiz.de/10005423947
We test the hypothesis that people conform to certain social norms, i.e. that some individuals may be willing to pay a higher price premium for green products the more widespread green consumerism is in society. To investigate consumer preferences for environmentally friendly products, we...
Persistent link: https://www.econbiz.de/10005423956
The yellow floating heart is a water weed causing nuisance problems in Swedish watercourses. An economic analysis of this is required where various management options are considered. The benefits of a management program are to a large extent recreational. Using a choice experiment we estimate...
Persistent link: https://www.econbiz.de/10005651594
The marine environment provides many goods and services dependent upon the quality of coastal waters. In this paper, we represent water quality by three different attributes, fish stock level, bathing water quality, and biodiversity level, and carry out a choice experiment among residents on the...
Persistent link: https://www.econbiz.de/10005651603