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There is a growing body of evidence in the non-market valuation literaturesuggesting that responses to a sequence of discrete choice questions tend to violate theassumptions typically made by analysts regarding independence of responses andstability of preferences. Decision processes (or...
Persistent link: https://www.econbiz.de/10009444565
Integrated catchment policies are widely used to manage natural resources in Australian catchments.Decision support tools available to aid integrated catchment management are often limited in theirintegration of environmental processes with socio-economic systems. Fully integrated models...
Persistent link: https://www.econbiz.de/10009444603
Integrated catchment policies are widely used to manage natural resources in Australian catchments.Decision support tools available to aid integrated catchment management are often limited in theirintegration of environmental processes with socio-economic systems. Fully integrated models...
Persistent link: https://www.econbiz.de/10009444604
The Catchment Management Authorities in New South Wales have programs that arecollectively investing $436 million over four years to achieve catchment-wide naturalresource/environmental improvements. In this paper, we consider the question of howto best allocate these resources so as to increase...
Persistent link: https://www.econbiz.de/10009445530
The extent of the benefits of improved river health remain uncertain. Quantifying these benefits is useful in prioritising policy investments. This study uses the Choice Modelling technique to estimate the value that households attach to attributes of improved river health. Data from a choice...
Persistent link: https://www.econbiz.de/10009445531
Choice Experiments (CE) are increasingly used to estimate the values of environmental goods andservices. CE questionnaires represent the environmental good under valuation by varying levels ofnon-market attributes. Inclusion of a cost attribute enables the estimation of monetary values...
Persistent link: https://www.econbiz.de/10009446025
The incentives that motivate respondents to reveal their preferences truthfully havebeen a long-standing area of research in the non-market valuation literature. Anumber of studies have been undertaken to investigate incentive compatibility in nonmarketvaluation. Most of these used laboratory...
Persistent link: https://www.econbiz.de/10009446028
According to neoclassical economic theory, the only stated preferenceelicitation format that can feasibly be employed in field studies to which truthful responsecan be the dominant strategy for all respondents is a single binary choice between thestatus quo and one alternative. In studies where...
Persistent link: https://www.econbiz.de/10009446029
An elicitation format prevalently applied in DCE is to offer each respondent a sequenceof choice tasks containing more than two choice options. However, empirical evidenceindicates that repeated choice tasks influence choice behavior through institutionallearning, fatigue, value learning, and...
Persistent link: https://www.econbiz.de/10009446038
Persistent link: https://www.econbiz.de/10009513204