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One way of assessing the validity of results generated through the application of the Contingent Valuation Method (CVM) is through the analysis of response sensitivity to factors expected to have an influence. Scope testing involves presenting at least two alternative impact scenarios to...
Persistent link: https://www.econbiz.de/10009398715
Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their subdiscipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred...
Persistent link: https://www.econbiz.de/10009398722
In the Desert Uplands region of Central Queensland, many pastoralists are clearing vegetation in order to improve cattle grazing production. A choice modelling study was undertaken to provide estimates of the benefits of retaining remnant vegetation that are appropriate for inclusion in a cost...
Persistent link: https://www.econbiz.de/10009398742
Persistent link: https://www.econbiz.de/10009368716
An elicitation format prevalently applied in discrete choice experiments (DCEs) offers each respondent a sequence of choice tasks. Each choice task contains more than two choice options. Empirical evidence shows, however, that repeated choice tasks influence choice behaviour through...
Persistent link: https://www.econbiz.de/10008693236
Choice experiments (CE) are increasingly used as a stated preference technique to value changes in non-market goods. Respondents to a CE survey are asked to make repeated choices between alternatives. Each alternative is described by a number of attributes – the attributes levels vary across...
Persistent link: https://www.econbiz.de/10008693246
To elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean), a choice modelling (CM) study was conducted. This report presents results of research designed to investigate variations in WTP across different...
Persistent link: https://www.econbiz.de/10008693249
This report proposes an extension to existing models of non-expected utility (NEU) in the stated preference (SP) literature. The extension incorporates the impact of multiple sources of ambiguity in individual decision making behaviour. Empirical testing of the proposed decision model was...
Persistent link: https://www.econbiz.de/10008693254
This report presents results of research designed to investigate variations in willingness to pay (WTP) estimates across different scales and scopes of environmental investments. The goal is to help catchment management authorities better prioritise their natural resource management actions at...
Persistent link: https://www.econbiz.de/10008693258
The survey was designed to estimate environmental values suitable for integration into MOSAIC, a bio-economic model for catchment and farm level planning. Local residents, as well as distant rural and distant urban communities, were surveyed in three NSW catchments (Lachlan, Namoi and...
Persistent link: https://www.econbiz.de/10008693259