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We adapt the standard random utility model to take account of the heterogeneity of recreational preferences by using what we call a “skilled-based conditional logit framework”. By separating out our sample of whitewater kayakers into two exogenously identifiable groups (based on their skill...
Persistent link: https://www.econbiz.de/10010533667
In this paper, we apply the contingent rating method to the problem of estimating a value for leisure time. This is an important component of recreation demand models. A tradition in this literature has been to use some fixed percentage of the wage rate as the value of time. However, time values...
Persistent link: https://www.econbiz.de/10009196268
There are two major ways in which solid waste can be sorted and recycled – at the household level, when households are required to sort waste into a given number of categories, or in specialized sorting facilities. Traditionally, it has been thought that sorting at the household level is an...
Persistent link: https://www.econbiz.de/10010551118
For many years, stated preference researchers have been interested in the effects of information on willingness to pay for environmental goods. Within the random utility model, information about an environmental good might impact on preferences and on scale (error variance), both between and...
Persistent link: https://www.econbiz.de/10010551122
Technological change is one factor used to justify the existence of an Environmental Kuznets Curve, and technological improvements have been argued to be a key factor in mitigating the impacts of economic growth on environmental quality. In this paper we use a CGE model of the Scottish economy...
Persistent link: https://www.econbiz.de/10009275053
Regulators are often reluctant to rely solely on economic incentives to achieve environmental standards. We evaluate a "mixed approach" of economic instruments and management standards when two environmental objectives need to be met simultaneously: minimum river flow rates and reductions in...
Persistent link: https://www.econbiz.de/10009293604
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/10009394074
Benefit transfer is a cost-effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multiattribute approach of choice experiments should provide advantages in terms of benefit transfer, allowing differences in environmental...
Persistent link: https://www.econbiz.de/10009398101
Hill farming in UK is experiencing very difficult economic circumstances and many farmers rely on subsidies provided by the government for a large fraction of their income. The Peak District National Park is used as a case study to examine how farmers might respond to current policy changes –...
Persistent link: https://www.econbiz.de/10009398296
Persistent link: https://www.econbiz.de/10009398571