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This paper considers the use of a "combinatorial optimization" technique in the aggregation of environmental benefit values. Combinatorial optimization is used to statistically match population census data to a contingent valuation survey. The matched survey and census information is then used...
Persistent link: https://www.econbiz.de/10008475915
The need to account for respondents’ preference heterogeneity in stated choice models has motivated researchers to apply random parameter logit and latent class models. In this paper we compare these three alternative ways of incorporating preference heterogeneity in stated choice models and...
Persistent link: https://www.econbiz.de/10005320254
Multiattribute-revealed preference data are used to investigate heterogeneity in a sample of kayakers for a panel of whitewater sites in Ireland. This article focuses on a comparison of preference heterogeneity using a random parameter logit model with correlated tastes and a latent class model,...
Persistent link: https://www.econbiz.de/10005324837
Public Rights of Way (PROW) in England and Wales, provides a wide range of social and economic benefits to those other than owners of land. The protection and extension of PROW are an important way of encouraging people to engage in informal enjoyment of urban and rural areas, with beneficial...
Persistent link: https://www.econbiz.de/10005330112
Contingent valuation (CV) is a widely used but controversial survey-based technique for estimating the nonmarket benefits of environmental goods and services. This study is the first to compare the outcome of a self-contained CV survey with the outcome of a collective decision, by contrasting...
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