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In this study we have addressed appropriate modelling of heterogeneity in willingness to pay (WTP) for environmental goods, and have demonstrated its importance using a case of forest access in Denmark. We compared WTP distributions for four models: (1) a multinomial logit model, (2) a mixed...
Persistent link: https://www.econbiz.de/10010953283
Stated preference studies tell respondents that policies create environmental changes with varying levels of uncertainty. However, respondents may include their own a priori assessments of uncertainty when making choices among policy options. Using a choice experiment eliciting...
Persistent link: https://www.econbiz.de/10011268009
A key prerequisite to ensure that payment for ecosystem services is effective is that the management measures landowners are paid to undertake are in fact additional to the status quo and hence bring about a change in provision.
Persistent link: https://www.econbiz.de/10011263726
We investigate a bureaucratic principal responsible for the procurement of goods and services from private agents. The bureaucrat is evaluated on output and controlled by a limited budget. The agents maximize profit, have private information about variable production costs, and have positive...
Persistent link: https://www.econbiz.de/10005293204
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Persistent link: https://www.econbiz.de/10005331178
Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a...
Persistent link: https://www.econbiz.de/10010753156
Improving information about individual opportunity costs of deforestation agents has the potential to increase the efficiency of REDD when it takes the form of a payment for environmental services scheme. However, objectives pursued in REDD projects may vary across policy makers. Within a...
Persistent link: https://www.econbiz.de/10010754230
In Denmark, many small-scale forest owners are affiliated to local district offices of The Danish Forestry Extension Service. Increasing economic pressure has caused a search for more efficiency in the Service, including potential reorganisation. In this paper, the efficiency of the different...
Persistent link: https://www.econbiz.de/10005803612
A political decision to establish the first ever national parks in Denmark allowed us to examine if people hold preferences regarding which site to be designated as national park, separate from the preferences for its environmental functions. To this end, we designed a choice experiment...
Persistent link: https://www.econbiz.de/10008495042