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In Sardinia sea urchin (Paracentrotus lividus) roe is a basic ingredient for several dishes (e.g. pasta, pizza, croutons) and its demand is constantly increasing. However marketable value of local sea urchin appears to be potentially higher than the current value. This paper aims to estimate the...
Persistent link: https://www.econbiz.de/10011200504
In Sardinia sea urchin (Paracentrotus lividus) roe is a basic ingredient for several dishes (e.g. pasta, pizza, croutons) and its demand is constantly increasing. However marketable value of local sea urchin appears to be potentially higher than the current value. This paper aims to estimate the...
Persistent link: https://www.econbiz.de/10011200767
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...
Persistent link: https://www.econbiz.de/10011200878
The application of stated preference methods rests on the assumption that respondents act rationally and that their demand for the non-market good on the hypothetical market is equal to what their real demand would be. Previous studies have shown that this is not the case and this gap is known...
Persistent link: https://www.econbiz.de/10009147458
Persistent link: https://www.econbiz.de/10009327730
In a split sample design, we examine the impact of federal funding availability on Willingness to Pay (WTP) for watershed management program attributes and tradeoffs in a choice experiment. We also evaluate how presenting respondents with different sets of choice attributes, in alternative...
Persistent link: https://www.econbiz.de/10010628342
This paper reports on a stated preference study of exurban Rhode Island residents that assessed the relative attractiveness of a variety of commercial and recreational land uses. Focus group participants and town planners proclaimed a demand for certain commercial developments such as grocery...
Persistent link: https://www.econbiz.de/10010775593
Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...
Persistent link: https://www.econbiz.de/10010332299
We design a donations vs. own money choice experiment and compare the results from three different treatments. In two of the treatments the pay-offs are hypothetical. In the first of these, a short cheap talk script was used and subjects were required to state their own preferences in this...
Persistent link: https://www.econbiz.de/10010289565
The application of stated preference methods rests on the assumption that respondents act rationally and that their demand for the non-market good on the hypothetical market is equal to what their real demand would be. Previous studies have shown that this is not the case and this gap is known...
Persistent link: https://www.econbiz.de/10012100961