Showing 1 - 10 of 18
Expanding urban areas such as Queensland’s Sunshine coast face growing land use conflicts among urban, agricultural and conservation uses. Private allocation decisions often exclude non-use value of environmental benefits leading to both socially undesirable and economically inefficient...
Persistent link: https://www.econbiz.de/10010881447
This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential policy options that include changes in both aggregate levels of welfare and equity in distribution. The analysis is based on the results of a choice experiment designed to...
Persistent link: https://www.econbiz.de/10005536553
Estimates of environmental values are frequently required as inputs to cost-benefit analyses when evaluating alternative resource use options. One strategy to avoid the high cost of conducting empirical work when non-market values are involved is to use value estimates from an existing study and...
Persistent link: https://www.econbiz.de/10010881454
Choice modelling (CM) is a developing non-market valuation technique that provides a rich data set to the analyst. In addition to parameter estimates for the influence of attributes, labels and respondent characteristics, models also provide information about, (and are sensitive to), the error...
Persistent link: https://www.econbiz.de/10010908395
Choice Modelling is a stated preference technique for valuing non-market goods. It has the potential to provide researchers with a rich data set with which to analyse consumer trade-offs between environmental, monetary and social impacts of resource management policies. However, this strength...
Persistent link: https://www.econbiz.de/10010917821
A choice modelling (CM) study was conducted to elicit household willingness to pay (WTP) for improvements in environmental quality in three NSW catchments (Lachlan, Namoi and Hawkesbury-Nepean). This paper presents results of research designed to investigate variations in WTP across different...
Persistent link: https://www.econbiz.de/10005070206
The incentives that motivate respondents to reveal their preferences truthfully have been a long-standing area of research in the non-market valuation literature. A number of studies have been undertaken to investigate incentive compatibility in nonmarket valuation. Most of these used laboratory...
Persistent link: https://www.econbiz.de/10008549133
In this paper, we explore the use of choice modelling for obtaining implicit prices for attributes associated with changes in the reliability of household water services. While not often estimated in practice, the collection of information about willingness to accept compensation is relevant for...
Persistent link: https://www.econbiz.de/10010794676
The incentives that motivate respondents to reveal their preferences truthfully havebeen a long-standing area of research in the non-market valuation literature. Anumber of studies have been undertaken to investigate incentive compatibility in nonmarketvaluation. Most of these used laboratory...
Persistent link: https://www.econbiz.de/10009446028
This study considers the costs and benefit of the Regent Honeyeater Project in the Capertee Valley over the past 10 years. The benefits are estimated using choice modelling and the costs are based on project expenditure and forgone agricultural production. A comparison of the benefits and costs...
Persistent link: https://www.econbiz.de/10009145064