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There is growing interest in non-market valuation research to explore the importance of attitudes and perceptions in explaining heterogeneity of preferences among consumers. Previous research on environmental attitude (EA) and its influence on preferences has been criticised for the...
Persistent link: https://www.econbiz.de/10011070331
Choice experiments (CE) are increasingly used to estimate the values of non-market goods and services. A cost attribute is typically included in a CE questionnaire to estimate monetary values for changes in the non-market attributes presented. Although the cost attribute is centrally important,...
Persistent link: https://www.econbiz.de/10008693278
Choice experiments (CE), also known as choice modelling (CM), are now used widely in environmental valuation in Australia. Many examples assess the trade-offs between river catchment management and socio-economic impacts. There is, however, limited information about the values of Australian...
Persistent link: https://www.econbiz.de/10008693293
In some, but not all, contexts, respondents to stated preference valuation studies state a willingness to pay (WTP) higher than what lab or field experiments indicate is the actual amount they would pay. However, several ex ante survey design strategies and ex post calibration techniques can be...
Persistent link: https://www.econbiz.de/10010918061
Recent research shows that disparities between willingness to pay (WTP) and willingness to accept (WTA) disappear with market experience and training. In effect, preferences can be refined by eliminating subjects’ misconceptions regarding elicitation procedures. We use a stated measure of...
Persistent link: https://www.econbiz.de/10011142624
Persistent link: https://www.econbiz.de/10010882883
Canterbury freshwater management is the focus of important decisions with significant challenges. Applying choice modelling, this study explores how Canterbury residents value freshwater attributes related to environmental, economic, social and cultural elements of wellbeing. In particular, this...
Persistent link: https://www.econbiz.de/10011070426
Choice experiments (CE) are increasingly used as a stated preference technique to value changes in non-market goods. Respondents to a CE survey are asked to make repeated choices between alternatives. Each alternative is described by a number of attributes – the attributes levels vary across...
Persistent link: https://www.econbiz.de/10008693246
Many policy issues, as well as policy funding and management choices, have elements of risk and uncertainty. This means that choice experiments, such as those used in choice modelling (CM), may need to frame trade-offs so that risk and uncertainty are included. This research aims to explore some...
Persistent link: https://www.econbiz.de/10008693282
Choice experiments (CE) have become widespread as an approach to environmental valuation in both Australia and overseas. However, there are few valuation studies that have addressed natural resource management (NRM) changes in Tasmania. Furthermore, few studies have focussed on the estimation of...
Persistent link: https://www.econbiz.de/10011167657