Showing 1 - 10 of 627
heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature …
Persistent link: https://www.econbiz.de/10009444304
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...
Persistent link: https://www.econbiz.de/10009446090
landscapes in the UK. Environmental valuation techniques are becoming an increasingly important tool in the development of … underpins many of the valuation techniques commonly adopted. They identify that heuristic rules, experience and memory can all … a number of ways with implications for the development of future valuation studies. This thesis concludes with a …
Persistent link: https://www.econbiz.de/10009465809
Stated choice experiments about ecosystem changes involve complex information. Thisstudy examines whether the format in which ecosystem information is presented torespondents affects stated choice outcomes. Our analysis develops a utility-maximizingmodel to describe respondent behavior. The...
Persistent link: https://www.econbiz.de/10009443737
Policy analysis of nonmarket goods requires accurate knowledge about the behavior of economic agents. This dissertation explores several facets of behavior models in recreational angling for three New England groundfish species.Stated preference methods are used frequently for nonmarket...
Persistent link: https://www.econbiz.de/10009450882
In models with unobserved taste heterogeneity, distributional assumptions can be placed in two ways: (1) by specifying the distribution of coefficients in the utility function and deriving the distribution of willingness to pay (wtp), or (2) by specifying the distribution of wtp and deriving the...
Persistent link: https://www.econbiz.de/10009442000
. ABSTRACTEconomic valuation of comlex environmental goods has several issues still opened to debate. This paper focuses on two of these … aspects; linearity of attributes in the valuation funcion and individual utility function hetrogeneity. A methodological … environmental good valuation. We apply the proposed methodology to value a protected natural in the province of Granada (Spain …
Persistent link: https://www.econbiz.de/10009443187
servicesand markets that have the potential to provide for them. Empirical analysis focuses on public valuation for three specific …
Persistent link: https://www.econbiz.de/10009446146
Climate change, the ?boom and bust? cycles of rivers, and altered water resourcemanagement practice have caused significant changes in the spatial distribution of the risk offlooding. Hedonic pricing studies, predominantly for the US, have assessed the spatial incidenceof risk and the associated...
Persistent link: https://www.econbiz.de/10009483584
Data from a discrete choice experiment is used to investigate the implications offailing to account for attribute processing strategies (APSs). The research was designed to elicit the economic benefits associated with landscape restoration activities that were intended to remediate environmental...
Persistent link: https://www.econbiz.de/10009443362