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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...
Persistent link: https://www.econbiz.de/10011200978
This paper addresses the question, whether attribute values derived from a CE study of one nature restoration and preservation project depend on the overall scale of nature preservation activities in which it is embedded. A split-sample CE study was undertaken in which a particular nature...
Persistent link: https://www.econbiz.de/10009018841
We formulate and test the hypothesis that expectations regarding changes in future income influences the WTP for environmental goods. For valuation of environmental goods in forests and other habitats in Denmark, we find that both current income and expected changes in future income are...
Persistent link: https://www.econbiz.de/10010664294
Using data from two Choice Experiment environmental valuation surveys we investigate several different ways of handling respondent uncertainty. In both surveys respondents are asked to state their certainty of choice after each single choice set. We evaluate three different recoding-of-answers...
Persistent link: https://www.econbiz.de/10010289568
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This paper examines attributes that influence the price on hunting leases in Denmark. Landowners have the right to hunt on their land and the possibility to lease out this hunting right. The lease of hunting rights contributes to the landowners’ income and in order to optimize total income it...
Persistent link: https://www.econbiz.de/10011200881
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...
Persistent link: https://www.econbiz.de/10011200878
Considerable resources must be allocated for fulfilling the Habitat Directive and the question of optimal allocation is as important as it is difficult. In the present study, we estimate the expected species coverage of three non-probabilistic strategies: i) a maximum selected area strategy, ii)...
Persistent link: https://www.econbiz.de/10011200926
Future climate development and its effects on forest ecosystems are not easily predicted or described in terms of standard probability concepts. Nevertheless, forest managers continuously make long-term decisions that will be subject to climate change impacts. The manager's assessment of...
Persistent link: https://www.econbiz.de/10011116786