Showing 1 - 10 of 26
In discrete choice experiments respondents are generally assumed to consider all of the attributes across each of the alternatives, and to choose their most preferred. However, results in this paper indicate that many respondents employ simplified lexicographic decision-making rules, whereby...
Persistent link: https://www.econbiz.de/10009445246
Data from a discrete choice experiment is used to investigate the implications offailing to account for attribute processing strategies (APSs). The research was designed to elicit the economic benefits associated with landscape restoration activities that were intended to remediate environmental...
Persistent link: https://www.econbiz.de/10009443362
Data from a discrete choice experiment is used to investigate the implications of failing to account for attribute processing strategies (APSs). The research was designed to elicit the economic benefits associated with landscape restoration activities that were intended to remediate...
Persistent link: https://www.econbiz.de/10008465903
In valuing the demand for recreation, the literature has grown from using revealed preference methods to applying stated preference methods, namely contingent valuation and choice modelling. Recent attempts have merged revealed and stated preference data to exploit the strengths of both sources...
Persistent link: https://www.econbiz.de/10008465898
This paper reports the findings from a discrete choice experiment study designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness to payvalues for every...
Persistent link: https://www.econbiz.de/10009445110
Data from a discrete choice experiment aimed at eliciting the demand for recreationalwalking trails on farmland in the Republic of Ireland is used to explore the consequences of misspecifying the cost coefficient. To enable straightforwardcalculation of WTP from the distributions of the...
Persistent link: https://www.econbiz.de/10009446313
This paper reports the findings from a discrete choice experiment study designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness to pay values for every...
Persistent link: https://www.econbiz.de/10005476468
Discrete choice experiment data aimed at eliciting the demand for recreational walking trails on farmland in Ireland is used to explore whether some respondents reach their choices solely on the basis of the alternative’s label. To investigate this type of processing strategy, this paper...
Persistent link: https://www.econbiz.de/10010879093
Farmland can confer significant public good benefits to society aside from its role in agricultural production. In this paper we investigate preferences of rural residents for the use of farmland as a recreational resource. In particular we use the choice experiment method to determine...
Persistent link: https://www.econbiz.de/10010879094
This paper develops and compares two alternative approaches to accommodate scale heterogeneity (also referred to as heteroskedasticity) in latent class models. Our modelling approach compares two different representations of heteroskedasticity, respectively associating the heterogeneity in scale...
Persistent link: https://www.econbiz.de/10010879096