A range of empirical approaches to representing preference heterogeneity have emerged in choice modelling. Researchers have been able to explore the differences which selection of a particular approach makes to welfare measures in a particular dataset, and indeed have been able to implement a...

Should we give equal weight to all responses in a choice experiment? Previous Choice Modelling papers have considered the issue of the internal consistency of choices – such as the extent to which strictly-dominated options are chosen. In this paper, a different focus is employed, namely the...

Recent work by Kahneman and others has led to a new focus in economics on a wellbeing-based approach to utility. This suggests that ‘experienced utility’ is an alternative and more appropriate basis for the measurement of economic value compared with ‘decision utility’. In this paper, we...

Stated choice models based on the random utility framework are becoming increasingly popular inthe applied economics literature. The need to account for respondents’ preference heterogeneity insuch models has motivated researchers in agricultural, environmental, health and transporteconomics...

Stated choice models based on the random utility framework are becoming increasingly popular in the applied economics literature. The need to account for respondents' preference heterogeneity in such models has motivated researchers in agricultural, environmental, health, and transport economics...

Due to potential environmental, resource and health problems associated with waste, wasteminimisation is a prioritised waste management strategy in many countries. Producerresponsibility policies promote waste minimisation by stipulating separate collection andrecycling of particular waste...

It is argued that assigning financial responsibility for the collection andrecycling of end-of life products encourages producers to avoid such financialburdens by taking actions to minimise waste, including eco-design. Thisprinciple is incorporated in the European Directive for Waste Electrical...

Access to safe and sufficient drinking water and adequate sanitation are now recognized as basic human rights. One Millennium Development Goal is to reduce by half the proportion of people without access to safe drinking water and basic sanitation by 2015. However, ensuring sustainability of...

Contents:ForewordW.L. (Vic) Adamowicz1. Introduction. Ekin Birol and Phoebe Koundouri2. Applications of the Choice Experiment Method in Europe: A Review. Ekin Birol, Phoebe Koundouri and Yiannis Kountouris3. Using Mixed Logit Models to Derive Individual-Specific WTP Estimates for Landscape...

This paper looks at the growing concern over Greenhouse Gas emissions and the resulting human induced climate change. The background to a cost-benefit approach is sketched in terms of the scientific understanding and expected impacts. Then the theory behind a cost-benefit approach is explained...