Economists frequently assess willingness to pay (WTP) for land preservation outcomes independent of information regarding policy implementation. The public, however, may not only be concerned with the consequences of land management, but also may have systematic preferences for policy procedures...

This paper evaluates land preservation and conservation programs by examining the performance of a discriminative auction that is often used to select parcels in the U.S. The paper hypothesizes that the auction is unlikely to be cost effective because an information asymmetry introduces adverse...

Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...

Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

Stated preference scenarios often provide information on intermediate biophysical processes but omit information on the resulting final services that provide utility. This may cause respondents to speculate about the effects of intermediate outcomes on their welfare, leading to biased welfare...

Maps in stated preference surveys rarely identify the location of respondents’ homes. This standard approach is grounded in the assumption that respondents are aware of their exact household locations relative to mapped policy effects, and hence possess sufficient understanding of spatial...

This paper presents a multinational meta-analysis estimated to identify systematic components of willingness to pay for surface water quality improvements, developed to support benefit transfer for Canadian policy development. Metadata are drawn from stated preference studies that estimate WTP...

Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...