Showing 1 - 5 of 5
We argue that the literature concerning the valuation of non-market, spatially defined goods (such as those provided by the natural environment) is crucially deficient in two respects. First, it fails to employ a theoretically consistent structural model of utility to the separate and hence...
Persistent link: https://www.econbiz.de/10010276520
In this paper, we report the results of an online choice experiment designed to test the theoretical consistency of stated preferences for a complex predominantly non-use good. Our case study concerns the values held by UK residents for the conservation of wildlife in the Eastern Arc Mountains...
Persistent link: https://www.econbiz.de/10010276535
We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also...
Persistent link: https://www.econbiz.de/10010276536
The choice experiment elicitation format confronts survey respondents with repeated choice tasks. Particularly within the context of valuing pure public goods, this repetition raises two issues. First, does advanced awareness of multiple tasks influence stated preferences from the outset, and...
Persistent link: https://www.econbiz.de/10010276523
We present an experiment designed to investigate the presence and nature of ordering effects within repeated response stated preference studies. We formulate a general structural model of such effects and use this to isolate signature patterns for position-dependent effects (learning about...
Persistent link: https://www.econbiz.de/10010276534