The need to account for respondents’ preference heterogeneity in stated choice models has motivated researchers to apply random parameter logit and latent class models. In this paper we compare these three alternative ways of incorporating preference heterogeneity in stated choice models and...

The aim of BT techniques is to provide decision makers with a monetary valuation of environmental goods and service in a cost-effective and timely manner, since original valuation studies are both expensive and time-consuming. Demands for environmental valuation estimates are rising in the...

In this paper, we investigate whether people’s knowledge of the past influences their preferences and values towards future landscape change. “Knowledge of the past” is one aspect of the information set held by individuals, and a well-established finding in stated preference work is that...

Establecer y valorar los impactos marginales de la olivicultura ecologica despues de la aplicacion de la condicionalidad, supone una importante herramienta para determinar, en un futuro, posibiles pagos a los agricultores por el caracter multifuncional de este sistema productivo. Por ello, en el...

Greenhouse gas mitigation in agriculture implies changes in farm management practices. Knowledge on farmers’ current adoption of management practices aimed at reducing emissions, and their preferences regarding these, is important to inform the development of robust climate change mitigation...

Benefit transfer (BT) is a pragmatic way of estimating values by transferring values from existing valuation studies to a target area of interest. BT using choice modeling (CM) is a potentially cost-effective method for valuing differences in improvements in environmental quality. After taking...

The use of stated preference (SP) techniques for estimating environmental values has increased substantially in recent years. However, criticism about the most widespread SP technique used for valuing environmental resources, the contingent valuation method (CVM), suggests that there is a need...

Choice modelling (CM) is a developing non-market valuation technique that provides a rich data set to the analyst. In addition to parameter estimates for the influence of attributes, labels and respondent characteristics, models also provide information about, (and are sensitive to), the error...

Hill farming in UK is experiencing very difficult economic circumstances and many farmers rely on subsidies provided by the government for a large fraction of their income. The Peak District National Park is used as a case study to examine how farmers might respond to current policy changes –...