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This report presents an alternative perspective on how respondents consider choice experiment options. Building on the ‘new’ model of consumer demand by Stigler and Becker (1977), the report suggests that the attributes within choice experiments are not valued directly. Rather, they are used...
Persistent link: https://www.econbiz.de/10008693270
Australia by using the data from the newly finished National Survey of Recreational Fishing (2000/2001)(NSRF). There are a number of findings. 1. Socio-economic characteristics of anglers didn’t affect their catch of high quality fish (prize fish, reef fish or key-sport fish) as much as their...
Persistent link: https://www.econbiz.de/10008519220
This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential policy options that include changes in both aggregate levels of welfare and equity in distribution. The analysis is based on the results of a choice experiment designed to...
Persistent link: https://www.econbiz.de/10005536553
Observed and unobserved characteristics of an individual are often used by researchers to explain choices over the provision of environmental goods. One means for identifying what is typically an unobserved characteristic, such as an attitude, is through some data reduction technique, such as...
Persistent link: https://www.econbiz.de/10009020240
Up to 60 per cent of potable water supplied to Perth, Western Australia, is extracted from the groundwater system that lies below the northern part of the metropolitan area. Many of the urban wetlands are groundwater-dependent and excessive groundwater extraction and climate change have resulted...
Persistent link: https://www.econbiz.de/10011167653