Showing 1 - 10 of 22
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...
Persistent link: https://www.econbiz.de/10009465808
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...
Persistent link: https://www.econbiz.de/10009465843
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...
Persistent link: https://www.econbiz.de/10009465864
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...
Persistent link: https://www.econbiz.de/10009465872
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...
Persistent link: https://www.econbiz.de/10009465978
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...
Persistent link: https://www.econbiz.de/10009428485
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...
Persistent link: https://www.econbiz.de/10015231980
This paper is a review of nitrate pollution attributable to agriculture in the United Kingdom and its regulation policy. Nitrate policy is described and critically reviewed within a national and European context. This is a paper from the Ecological Economics discussion paper series edited by...
Persistent link: https://www.econbiz.de/10015232043
In the recent past, considerable effort in health economics has been made on applying stated preference methods such as contingent valuation and choice experiments. Despite this increased use, there is still considerable scepticism concerning the value of these approaches. The application of...
Persistent link: https://www.econbiz.de/10009459486
AbstractThe objective of this thesis is to investigate the preferences of individuals for the management of upland landscapes in the UK. Environmental valuation techniques are becoming an increasingly important tool in the development of environmental management policy, however, they are not...
Persistent link: https://www.econbiz.de/10009465809