Stated preference approaches are widely used in non-market valuation. However, their potential uses extend far beyond valuation. In particular they can be used to assess efficiency of resource allocations and to design optimal resource allocations. Changes to the government budget were evaluated...

Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...

Recreational anglers are known to seek different types of experiences in different settings.Such preference and behavioural diversity has important management implications. Researchmethods which assume only a limited degree of preference heterogeneity and impose rigidsubstitution patterns can...