El presente trabajo trata de evaluar los efectos externos de la erosión del suelo mediante el uso del método del Experimento de Elección (EE). Tras una breve revisión de la literatura socioeconómica sobre el problema de la erosión y de los métodos empleados para evaluar sus efectos, se...

Benefit transfer is a cost-effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multi-attribute approach of choice experiment should provide advantages in terms of benefit transfer allowing differences in environmental...

Most ecosystem services (ES) are neither priced nor marketed. Resource managers may fail to take into account degradation of unpriced services in their resource management decisions. Being able to estimate values for ES is fundamental to designing policies to induce resource users to provide (or...

Most ecosystem services (ES) are neither priced nor marketed. Resource managers may fail to take into account degradation of unpriced services in their resource management decisions. Being able to estimate values for ES is fundamental to designing policies to induce resource users to provide (or...

Integrated Conservation and Development Plans (ICDPs) have been put forward as means of reconciling wildlife conservation in developing countries with improvements in community incomes. In this paper, we use the Choice Experiment approach to quantify overseas tourists' willingness to pay for...

In this paper, we investigate whether people's knowledge of the past influences their preferences and values towards future landscape change. "Knowledge of the past" is one aspect of the information set held by individuals, and a well-established finding in economics is that changes in...

This paper uses the choice experiment method to analyse social preferences towards a set of agricultural policy instruments that are likely to play a key role in the post-2013 design of the EU Common Agricultural Policy. It contributes to the choice experiment literature by incorporating...

Recent work by Kahneman and others has led to a new focus in economics on a wellbeing-based approach to utility. This suggests that ‘experienced utility' is an alternative and more appropriate basis for the measurement of economic value compared with ‘decision utility'. In this paper, we...

A range of empirical approaches to representing preference heterogeneity have emerged in choice modelling. Researchers have been able to explore the differences which selection of a particular approach makes to welfare measures in a particular dataset, and indeed have been able to implement a...

The Common Agricultural Policy (CAP) is one of the most important European policies. Since its inception, the CAP has been reformed in response to high budgetary costs, international trade pressures and socio-economic changes. Despite the reforms, this policy did not always serve the best...