In this short paper I analyse the development of returns to forest land in Denmark for the period 1947 to 2007. The data used are fairly unique time series of forest enterprises annual accounts in combination with property value assessments over the entire period. They allow for a dissection of...

We compare two methods of stated preference valuation techniques -dichotomous choice contingent valuation and choice experiments – to test for the prevalence of embedding. The test is based on a survey of willingness to pay for the preservation of heath areas in Denmark. Using only one outcome...