Designing efficient environmental policies requires knowledge about households’ preference parameters for their intertemporal decisions. By conducting an original Internet-based survey using Japanese participants (n=2,906) and a follow-up survey (n=1,407), we examine how people evaluate...

How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in welfare estimates, and can be avoided. -- Choice experiment ;...

This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...

Economists have neglected place attachment as a potential explanation for people's preferences for environmental goods. We conducted the first discrete choice experiment to assess the place attachment concept in the valuation of and response to the place-specific environmental impact from a...

Discrete choice experiments can be used to inform policy makers on people's preferences for landscapes and cultural ecosystem services. Recent studies have shown that the spatial context influences preferences and related willingness to pay values. In this paper we investigate the effect of the...

Soils provide multiple benefits for human well-being, which are largely invisible to most beneficiaries. Here, we present the results of a discrete choice experiment into the preferences of Germans for soil-based ecosystem services. To tackle complexity and unfamiliarity of soils, we express...

In discrete choice experiments respondents are generally assumed to consider all of the attributes across each of the alternatives, and to choose their most preferred. However, results in this paper indicate that many respondents employ simplified lexicographic decision-making rules, whereby...

Soil provides multiple benefits for human well-being that are largely invisible to most beneficiaries. Here, we present the results of a discrete choice experiment on the preferences of Germans for soil-based ecosystem services. In an attempt to reduce complexity for respondents, we express...

We study the heterogeneity of preferences regarding the limited substitutability of environmental public goods vis-a-vis private consumption goods and how it affects the economic valuation of environmental public goods. We show theoretically that mean marginal willingness to pay for an...