Jacobsen, Jette Bredahl; Lundhede, Thomas Hedemark; … - In: Scandinavian Forest Economics: Proceedings of the …, 42
In a choice experiment we test income effects for different attributes and we test the effect of stated expected changes in future income on stated WTP. We find both present and future income to be significant determinants of stated WTP when included in the same model. We also find that the less...
