We define a simple criterion for assessing the plausibility of Willingness to Pay (WTP) estimates obtained from discrete choice experiments. The criterion compares WTP for the bundle of attributes yielding the highest utility with a threshold value related to the highest level of the cost...

Ecosystem services generate benefits that enter human consumption either directly or indirectly via their contribution to human production activities. In this contribution, we provide evidence that (i) the demand of peasants for ecosystem services in rural Indonesia depends on relative poverty;...

Typical convergent validity tests of benefit transfer based on stated preference data assume that willingness to pay (WTP) estimates have been accurately measured, and that differences in WTP arise from differences in observable and unobservable characteristics between the study and the policy...

Policies in the context of global change involve a high degree of uncertainty, as knowledge about future changes and the effectiveness of potential measures is insufficient. Our study set out to investigate how members of the public evaluate policy options that aim at adaptation to climate...

Environmental economic and psychological studies often implicitly assume homogeneity of respondents' decision strategies in questionnaire-based surveys. However, social psychology and behavioural research suggest that there is a wide variety of approaches that individuals use to make such...

Malaysia is the world′s second largest producer of palm oil and generates surplus palm biomass waste that can be used for bioenergy development. Malaysia aims to diversify its energy portfolio by investing into renewable energy mostly to reduce its reliance on fossil fuels. This paper captures...

In a case study related to Scotch malt whisky production, this study analyses consumers’ perceptions and preferences regarding two aspects that have emerged in the debate on sustainable production and consumption, and on environmentally responsible food choice, namely (i) the use of pesticides...