This paper reports on empirical work extending the standard economic approach to valuation by including psychological and philosophical factors. More specifically a contingent valuation method survey was applied to biodiversity improvement while simultaneously assessing rights based beliefs,...

The paper focuses on two aspects of the 2001 foot and mouth disease (FMD) outbreak in Scotland that have been largely ignored: first, business managers perceptions of the impact of FMD during and immediately after the outbreak; and second, reactions to the outbreak in terms of action taken by...

Although contingent valuation is widely discussed in the literature as a technique for environmental valuation, it is well recognized that a number of problems are associated with its use. This paper seeks to address two of these problems: the difficulty of externally verifying the results of a...

Citizens' juries (CJs) are recommended as one approach that might be used to encourage the active involvement of interested parties in the implementation of the EU Water Framework Directive (WFD). In this light the paper critically reviews the citizens' jury method in the context of water...

Willingness-to-pay (WTP) responses from dichotomous choice contingent valuation studies are often modeled using logistic regression, from which estimates of mean or median WTP are calculated. However, a great many factors influence an individual's WTP, some of which may be unobserved. Hence, the...

Using equivalent loss (the monetary loss equivalent to a proposed amenity reduction, EL) and equivalent gain (the gain equivalent to a proposed amenity increase, EG) alongside traditional welfare measures in a contingent valuation study of traffic disamenity, we report an experiment designed to...

This paper uses recently developed statistical techniques to achieve improved parameter estimates from models of dichotomous choice contingent valuation data. Random effects associated with bid amounts presented to respondents are modelled alongside the variance of individual responses, to give...

One method applicable to the examination of spatial point patterns of disease, the calculation of K-functions, is presented. The technique is used to determine the degree of clustering exhibited by the residuals from a spatially referenced logit model constructed to ascertain the factors...