contingent valuation (CV) and discrete choice experiment (CE) methods, before outlining some applications of CV methods in …, and the random utility theory underlying CEs. Section 7.4 presents the standard conditional logit and multinomial logit … as a prelude to presentations of other choice experiment models that relax some or all of these assumptions. These models …

with microeconomic theory, which also have implications for statistical inference. This article devotes to the …