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damages by using wetlands as storm buffers. The physical science literature shows that wetlands do provide situational … protection from storm surge. However, little economic analysis has explored the effect of wetlands on economic losses. This …-economic conditions and storm intensity allows the estimation of the value of wetlands for their protective ecosystem services under …
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This paper proposes using a control function to correct for endogeneity in recreation demand models. The control function approach is contrasted with the method of alternative specific constants (ASCs), which has been promoted in prior research. As an application, we consider the case of travel...
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Agritourism, as a form of tourism, brings tourists a valuable contact with nature. To assess such a value, several methods can be used. One of these methods is the travel cost method, which is used in conducted research. Especially, a single site model is applied to recreation in a farm...
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En este trabajo se ha procedido a la valoración del uso recreativo del humedal español Tablas de Daimiel, que posee el estatus de Zona Especial de Protección de Aves en la Unión Europea. El método básico de valoración ha sido el de valoración contingente con elección dicotómica. El...
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Environmental economists have long used surveys to gather information about people's preferences. This is particularly true in the field of non-market valuation, where techniques such as contingent valuation, choice modelling and the travel cost method invariably employ some form of survey...
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A new turn in the research agenda of environmental valuation is under way. Rather than treating stated preference (SP) and revealed preference (RP) as competing valuation techniques, analysts have begun to view them as complementary, where the strengths of each approach can be used to provide...
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The objective of this study was to test for the effect of consequentiality on the probability of a respondent opting out of voting in a stated preference survey. We find that respondents who believe that the survey is inconsequential are more likely to opt out than to vote yes in both...
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