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Stated choice models based on the random utility framework are becoming increasingly popular inthe applied economics literature. The need to account for respondents’ preference heterogeneity insuch models has motivated researchers in agricultural, environmental, health and transporteconomics...
Persistent link: https://www.econbiz.de/10009465872
Stated choice models based on the random utility framework are becoming increasingly popular in the applied economics literature. The need to account for respondents' preference heterogeneity in such models has motivated researchers in agricultural, environmental, health, and transport economics...
Persistent link: https://www.econbiz.de/10009465978
Persistent link: https://www.econbiz.de/10010222646
Persistent link: https://www.econbiz.de/10003846120
Persistent link: https://www.econbiz.de/10008240429
Stated choice models based on the random utility framework are becoming increasingly popular in the applied economics literature. The need to account for respondents' preference heterogeneity in such models has motivated researchers in agricultural, environmental, health and transport economics...
Persistent link: https://www.econbiz.de/10005748774
The Water Framework Directive (WFD) sets targets of "Good Ecological Status" for water bodies across the EU. Environmental regulatory authorities must undertake economic analysis of all water bodies as part of the process of drawing up catchment management plans. In this paper, we test the...
Persistent link: https://www.econbiz.de/10005805144
Benefit transfer is a cost-effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multiattribute approach of choice experiments should provide advantages in terms of benefit transfer, allowing differences in environmental...
Persistent link: https://www.econbiz.de/10009398101
This paper investigates the sensitivity of choice experiment values 3AL for ecosystem services to ‘attribute non-attendance’. We consider three cases of attendance, namely that people may always, sometimes, or never pay attention to a given attribute in making their choices. This allows a...
Persistent link: https://www.econbiz.de/10010719083
The impact of the approach used to describe preference heterogeneity on welfare measures has been widely studied by the academic community. However, the question as to the degree of error in welfare estimation from an inappropriate choice of empirical approach has not been addressed yet. In this...
Persistent link: https://www.econbiz.de/10011125317