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Choice Modelling applications can be designed to estimate main effects only or multiple-way interactions between attributes. It has been reported that higher order effects generally account for less than 10% of the choice explanation. Nevertheless, the amount of applications testing for...
Persistent link: https://www.econbiz.de/10011047942
We review the basic principles for the evaluation of design efficiency in discrete choice modelling with a focus on efficiency of WTP estimates from the multinomial logit model. The discussion is developed under the realistic assumption that researchers can plausibly define a prior on the...
Persistent link: https://www.econbiz.de/10005634943
This paper shows that cultural identity may have considerable influence on the WTP to protect natural resources. The Basque Country, the region with the highest ethnic homogeneity in Europe, serves as an example to illustrate how important this issue can be in the environmental valuation of...
Persistent link: https://www.econbiz.de/10005121335
This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the...
Persistent link: https://www.econbiz.de/10011084747
This paper is part of an investigation to evaluate the benefits of landscape policies. Such policies are, within a specific area (here the Monts d’Arrée in Brittany), favouring some landscape attributes. We test out a procedure based on a double device. The first one relies on the choice...
Persistent link: https://www.econbiz.de/10005816016
This study adopts a discrete choice modelling methodology to evaluate individuals’ preferences over planning alternatives for an urban site of environmental interest. Since such projects involve some uncertainty and irreversibility, a special attention is devoted to the estimation of the...
Persistent link: https://www.econbiz.de/10004965194
The objective of this paper is to examine preferences of citizens of three European countries regarding various adaptation plans and measures to limit damages from drought under climate changes. For this purpose, we conducted a survey in the Czech Republic, Italy, and the United Kingdom. We...
Persistent link: https://www.econbiz.de/10012063501
We use a discrete choice experiment to elicit the preferences of Czech adults ages 18 to 69 (n=805) for the conservation of wine, hop, and fruit tree varieties. In addition, we also elicit the preferences of a smaller sub-sample consisting solely of respondents from South Moravia (n=463), an...
Persistent link: https://www.econbiz.de/10012389284
Sensitivity to scope in nonmarket valuation refers to the property that people are willing to pay more for a higher quality or quantity of a nonmarket public good. Establishing significant scope sensitivity has been an important check of validity and a point of contention for decades in stated...
Persistent link: https://www.econbiz.de/10012801090
Reported in this paper are the findings from two discrete choice experiments that were carried out to address the value of a number of farm landscape improvement measures within the Rural Environment Protection (REP) Scheme in Ireland. Image manipulation software is used to prepare...
Persistent link: https://www.econbiz.de/10010312347