Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...

We estimate a meta-analysis of willingness to pay for tropical coral reef recreation and evaluate its potential for international benefit transfer. The goal is improved value surface estimation and benefit transfer reliability. We compare model results to those of Brander, L., P. van Beukering...

Maps in stated preference surveys rarely identify the location of respondents’ homes. This standard approach is grounded in the assumption that respondents are aware of their exact household locations relative to mapped policy effects, and hence possess sufficient understanding of spatial...

Stated preference scenarios often provide information on intermediate biophysical processes but omit information on the resulting final services that provide utility. This may cause respondents to speculate about the effects of intermediate outcomes on their welfare, leading to biased welfare...