: Data from a discrete choice experiment on improvements of rural landscape attributes are used to investigate the implications of discontinuous preferences on willingness to pay estimates. Using a multinomial error component logit model, we explore differences in scale and unexplained variance...

This paper investigates preferences for various environment-friendly production systems using 1949 choices from a sample of 240 respondents that chose amongst different types of carrots. The and multi-attribute stated-preference data collection was based on an experimental designed tailored to...

We develop and evaluate a test of choice set misspecification for a multinomial logit choice model. This test determines whether the choice set designated by the researcher mistakenly assigns relevant substitutes to the numeraire good. We develop this test by generalizing the traditional...

We present results on the use and valuation of parks and natural areas in Catalonia. A structural random utility model is used to estimate utility per recreational trip, and a reduced form model is used to estimate the number of trips. The two together give an estimate of the overall flow of...

Forecasts of the regional economic impacts of changes in the demand for recreation occasioned by regulatory changes, changes in the quality of the recreation experience, or changes in average trip costs require a model that links changes in these trip attributes to individual participation...

In this paper we propose a mixture model of willingness to pay distributions for contingent valuation studies. By allowing a point mass at zero, this model nests the conventional model as a special case. We discuss both parametric and non- parametric estimations of the mixture model. We consider...

Nature based tourism is the fastest growing tourism in many parts of the world. The attitude towards conservation of nature is measured by individuals¡¯willingness to pay. This study has made an attempt to investigate the determinants of tourists¡¯willingness to pay (WTP) for biodiversity...

The paper presents the results of a choice experiment carried out on the visitors of the Galleria Borghese Museum in Rome. The main objective of the work is to study the relevancy of choice experiment techniques as a tool aimed at measuring economic values supplied by cultural institutions. A...

In an effort to improve productivity and profits many farmers have replaced traditional livestock breeds with higher yielding alternatives. While such changes may bring about short-term economic gains, the loss of traditional livestock breeds could result in the loss of an important genetic...

El establecimiento de tarifas de entrada a parques, no sólo representa una estrategia para la conservación ambiental de zonas protegidas, sino que también facilita su autofinanciamiento. Pero, ¿cuál tarifa debería imponerse a una comunidad local, que se enfrenta a una variedad de sitios...