Showing 1 - 5 of 5
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...
Persistent link: https://www.econbiz.de/10009443737
This paper proposes using a control function to correct for endogeneity in recreation demand models. The control function approach is contrasted with the method of alternative specific constants (ASCs), which has been cautiously promoted in the literature. As an application, we consider the case...
Persistent link: https://www.econbiz.de/10015237652
The manner in which WTP survey responses are elicited has received much attention in the nonmarket valuation literature because of the potential bias that may be introduced via alternate response formats. One issue of particular concern is that of incentive compatibility. Several studies have...
Persistent link: https://www.econbiz.de/10009443242
We use a nested-logit model of recreational fishing to examine how varying the range of fishing activities included in the choice set affects welfare measures. The basic analytical results are quite intuitive: welfare calculations with a site-choice travel cost model that omits relevant...
Persistent link: https://www.econbiz.de/10009444264
Payment-for-Ecosystem-Services (PES) programs are gaining appeal as flexible approaches to inducing the voluntary provision of ecosystem services (ES). Farmers, who manage agricultural ecosystems, provide important nonmarket ecosystem services to the public by their choice of production inputs...
Persistent link: https://www.econbiz.de/10009445215