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Stated choice experiments about ecosystem changes involve complex information. Thisstudy examines whether the format in which ecosystem information is presented torespondents affects stated choice outcomes. Our analysis develops a utility-maximizingmodel to describe respondent behavior. The...
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A stated choice model is used to estimate wetland mitigation preferences. In a split sample mail survey, a main effects design is compared to a randomized design. Although randomized designs estimate main effects less efficiently, several policy relevant interactions were found to be...
Persistent link: https://www.econbiz.de/10005493610
The following report outlines the results of focus group discussions that were conducted to help researchers learn what it is about wetlands, wetland services, and wetland characteristics that matter to people. The participants were asked questions in the areas of natural resources, their prior...
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A utility-theoretic model indicates that mitigation prices for wetland ecosystems depend on preferences and technical knowledge. Empirical analysis found gaps in respondents' knowledge about such ecosystmes. Valuing wetland types requires dealing with respondents' possible misinformation, by...
Persistent link: https://www.econbiz.de/10005339015
Stated choice experiments about ecosystem changes involve complex information. This study examines whether the format in which ecosystem information is presented to respondents affects stated choice outcomes. Our analysis develops a utility-maximizing model to describe respondent behavior. The...
Persistent link: https://www.econbiz.de/10008802891
Persistent link: https://www.econbiz.de/10009020299
This study aims to estimate the recreational use values of Great Lakes beaches using a two-level nested logit Random Utility Model. The choice set contains all 594 public Great Lakes beaches in Michigan. Beach sites located in the same Great Lakes water body are arranged into a nest. The trip...
Persistent link: https://www.econbiz.de/10009020663
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