This paper estimates the public benefit of preserving 126 000 hectares of old-growth forest in the sub-mountainous region of Sweden through contingent valuation. The primary benefit of this in-situ conservation of biodiversity is the forest’s relative diversity and richness, which provides...

This paper presents the evolution of diverse modes of environmental management in Bulgarian agriculture, and assesses their efficiency and likely prospects of development. First, it analyzes the pace of development and the impact(s) on individual behavior of the major modes of environmental...

In this paper, I use a travel cost model of recreation demand to analyze the economic benefits to the Bay's recreational fishermen from proposed oyster reef restoration programs. The model explicitly links historical oyster bottom conditions to recreational fishing catch to capture ecosystem and...

In this paper, I examine the performance of function transfer of random utility models (RUM) and show that the usual notions of reliability and validity need careful examination in the RUM context. Because in RUM models, estimated behavioral parameters are not identifiable independently of the...

This paper focuses on three important issues in estimating the relationship between WTP and income using contingent valuation: 1) the choice of income measure; 2) the modelling choice; and 3) the social context. Addressing the first two issues, a sensitivity analysis is performed. The results show...

This study examines different types of Travel Cost Models to estimate and compare the recreational values of two parks in Victoria, Australia: Maroondah Reservoir and Albert Park. Zonal Travel Cost models and a number of different functional forms are used in this study. Standard errors are used...

In this paper we analyze the multiple-bounded (MB) format in which uncertainty is directly incorporated into the WTP question. We introduce a new approach to estimate mean and median willingness to pay (WTP) using MB data by allowing respondents to expand their WTP intervals by shifting their...

This paper contributes with an applied policy analysis of the predator preservation <p> policy in Sweden. We estimate the social benefits from preserving the four large <p> predators in Sweden by applying a contingent valuation approach. The vehicle we use <p> to fulfil our objectives is data from a...</p></p></p>

In this paper, we investigate how different levels of entrance fees affect donations for a public good, a natural park. To explore this issue, we conducted a stated preference study focusing on visitors’ preferences for donating money to raise funds for a protected area in Costa Rica given...