This paper contrasts the discovered preference hypothesis against the theory of coherent arbitrariness in a split-sample stated choice experiment on flood risk exposure in the Netherlands. A semi-parametric local multinomial logit model (L-MNL) is developed as an alternative to the Swait and...

We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also...

While meta-analysis is typically used to identify value estimates for benefit transfer, applications also provide insights into the potential influence of methodological design characteristics on results of non-market valuation experiments. In this paper, a meta-analysis of nineteen choice...

The paper outlines a programme of research funded under the Rural Economy and Land Use (RELU) programme. The proposed research will examine the likely effects of the Water Framework Directive (WFD) in terms of both its impacts upon the farming sector and the non-market benefits it may generate....

A contingent valuation study is conducted to estimate willingness to pay (WTP) for reducing the risks of skin cancer arising from exposure to solar UV light in New Zealand, where skin cancer incidence rates are among the highest in the world. A split sample design contrasts dichotomous choice...