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Valuing the Protection of Victorian Forests: Murray River Red Gums, and East Gippsland AgEcon
Bennett, Jeffrey W.; Dumsday, Robert G..
The Victorian Environmental Assessment Council, in developing recommendations for the Victorian Government on the future management of public lands forests along he Murray River, and in East Gippsland, commissioned an analysis of environmental protections values. This paper reports the results of a choice modeling application that provides that analysis. Values for improved environmental conditions, as described by attributes relating to the forest composition, its wildlife characteristics and recreational opportunities, were estimated for sub-samples of households in Melbourne and in various regions around Victoria. The usefulness of the results as inputs to benefit cost analyses of policy alternatives is assessed.
Tipo: Conference Paper or Presentation Palavras-chave: Forests; Victoria; Choice modeling; Benefit cost analysis; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10366
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Integrating Routine, Variety Seeking and Compensatory Choice in a Utility Maximizing Framework AgEcon
Adamowicz, Wiktor L.; Swait, Joffre.
Given the large number of choices that consumers make each day it seems likely that they will generally adopt decision strategies that minimize cognitive effort, particularly with low price products such as most items found in a supermarket. One such strategy may be to simply choose what has been chosen in the past, i.e. to fall into a pattern of routine choices or decisions. In contrast, there may be preferences for variety in markets for low price, highly differentiated goods. We develop a conceptual and empirical model of routine choice, and the factors that result in transitions to two strategies other than routine selection, to wit, utility maximizing choice among available alternatives and a variety seeking strategy. The empirical approach we employ...
Tipo: Working or Discussion Paper Palavras-chave: Choice modeling; Routine behavior; Variety‐seeking; Panel data; Consumer/Household Economics; Demand and Price Analysis; Institutional and Behavioral Economics; D12; D03; C25.
Ano: 2010 URL: http://purl.umn.edu/98687
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Choice Environment, Market Complexity and Consumer Behavior: A Theoretical and Empirical Approach for Incorporating Decision Complexity into Models of Consumer Choice AgEcon
Swait, Joffre; Adamowicz, Wiktor L..
Most empirical models of consumer choice assume that the decision-maker assesses all alternatives and information in a perfect information processing sense. The complexity of the choice environment, the ability of the individual to make complex decisions and the effect of choice context on the decision strategy, are generally not considered in statistical model development. One of the reasons for this omission is that theoretical literature on choice complexity and imperfect ability to choose has not been translated into empirical methods that permit such considerations in econometric analysis. In this paper we outline a theoretical model that considers task complexity, effort applied by the consumer, ability to choose, and choice. We then construct a...
Tipo: Working or Discussion Paper Palavras-chave: Choice modeling; Random utility; Choice context; Institutional and Behavioral Economics.
Ano: 1999 URL: http://purl.umn.edu/24093
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Inducing Strategic Bias: and its implications for Choice Modelling design AgEcon
Burton, Michael P..
It has been suggested that the nature of the task within a multi-attribute multi-alternative choice experiment may be sufficiently complex to make it difficult for individuals to develop response strategies to strategically bias their answers. This experiment tested that hypothesis by setting experimental conditions that provide incentives for strategic bias. By changing design parameters one can investigate whether the strategic bias can be reduced. The answer is effectively no: under most circumstances, respondents could find a strategy that achieved significant bias in inferred preferences. The circumstances where this did not occur (involving ranking alternatives, rather than selecting a single preferred alternative) the inferred preferences reflected...
Tipo: Journal Article Palavras-chave: Strategic bias; Choice modeling; Complexity; Resource /Energy Economics and Policy; Q51; C91.
Ano: 2010 URL: http://purl.umn.edu/95062
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The Economic Impact of Global Climate Change on Mediterranean Rangeland Ecosystems: A Space-for-Time Approach AgEcon
Fleischer, Aliza; Sternberg, Marcelo.
Global Climate Change (GCC) can bring about changes in ecosystems and consequently in their services value. Here we show that the urban population in Israel values the green landscape of rangelands in the mesic Mediterranean climate region and is willing to pay for preserving it in light of the expected increasing aridity conditions in this region. Their valuation of the landscape is higher than that of the grazing services these rangelands provide for livestock growers. These results stem form a Time-for-Space approach with which we were able to measure changes in biomass production and rainfall at four experimental sites along an aridity gradient.
Tipo: Working or Discussion Paper Palavras-chave: Global climate change; Ecosystem; Choice modeling; Landscape; Biomass; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/15001
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Are Italians Willing to Pay for Agricultural Environmental Safety? A Stated Choice Approach AgEcon
Travisi, Chiara M.; Nijkamp, Peter.
The widespread use of pesticides in agriculture provides a particularly complex pattern of multidimensional negative side-effects, ranging from food safety related effects to the deterioration of farmland ecosystems. The assessment of the economic implications of such negative processes is fraught with many uncertainties. This paper presents results of an empirical study recently conducted in the North of Italy aimed at estimating the value of reducing the multiple impacts of pesticide use. This type of analysis is rather novel in Italy. A statistical technique known as choice modelling is used here in combination with contingent valuation techniques. The experimental design of choice modelling provides a natural tool for tackling simultaneously the...
Tipo: Conference Paper or Presentation Palavras-chave: Pesticide risks; Food safety; Willingness-to-pay; Choice modeling; Contingent valuation; Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/24988
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Would Consumers Value New Functional Properties of GM Food? A Choice-Modeling Approach for Rapeseed Oil AgEcon
Hartl, Jochen; Herrmann, Roland.
European consumers and, in particular, German consumers are known to be very critical towards the introduction of genetically modified (GM) foods. It is analyzed here whether German consumers do reject second-generation GMO foods, too. Whereas first-generation GM crops induced producer-related benefits, second-generation GM crops are associated with consumer-oriented benefits like an improvement of nutritional quality. The determinants of demand for second-generation GM rapeseed oil are investigated within an online survey of 1556 German consumers. It is elaborated how two functional properties of that product matter; i.e. long-chain omega 3 fatty acids and the cholesterol-lowering effect of phytosterols. It turns out that GMO rapeseed oil is neglected by...
Tipo: Conference Paper or Presentation Palavras-chave: Genetically modified food; Functional food; Rapeseed oil; Germany; Choice modeling; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/51728
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Values of Ecosystem Services Associated with Intense Dairy Farming in New Zealand AgEcon
Takatsuka, Yuki; Cullen, Ross; Wilson, Matthew; Wratten, Steve D..
The increase in greenhouse gas emissions and degradation of water quality and quantity in waterways due to dairy farming in New Zealand have become of growing concern. Compared to traditional sheep and beef cattle farming, dairy farming is more input intensive and more likely to cause such environmental damage. Our study uses choice modeling to explore New Zealanders’' willingness to pay for sustainable dairy and sheep/beef cattle farming. We investigate respondents'’ level of awareness of the environmental degradation caused by dairy farming and their willingness to make trade-offs between economic growth and improvements in the level of ecosystem services associated with pastoral farming.
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem services; Greenhouse gas emissions; Dairy farming; Choice modeling; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/10411
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Testing Different Types of Benefit Transfer in Valuation of Ecosystem Services: New Zealand Winegrowing Case Studies AgEcon
Baskaran, Ramesh; Cullen, Ross; Colombo, Sergio.
Most ecosystem services (ES) are neither priced nor marketed. Resource managers may fail to take into account degradation of unpriced services in their resource management decisions. Being able to estimate values for ES is fundamental to designing policies to induce resource users to provide (or improve) ES at levels that are acceptable to society. Conducting ecosystem valuation via non-market methods is costly and time consuming. Benefit Transfer (BT) using choice modeling (CM) is a potentially cost-effective method for valuing ES by transferring information from existing valuation studies (and study sites) to a target area of interest (policy sites). The prime objective of this paper is to examine the validity of BT and hence whether it is feasible to...
Tipo: Conference Paper or Presentation Palavras-chave: Benefit transfer; Choice modeling; New Zealand winegrowing; Ecosystem services.
Ano: 2009 URL: http://purl.umn.edu/48189
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Attitudinal determinants of willingness-to-pay for river ecosystem improvements in central Chile: A choice experiment Ciencia e Investigación Agraria
Huenchuleo,Carlos A; Barkmann,Jan; Marggraf,Rainer.
A respondent’s preference for non-market goods depends not only on the attributes of the goods but also on the respondent’s attitude towards the goods being valued. Accounting for these characteristics may substantially improve the ability of stated choice models to represent preference heterogeneity. In this regard, we analyzed the influence of respondent attitudes on the valuation of river ecosystem quality attributes affected by pulp mill wastewater in two central Chilean watersheds. We applied the Choice Experiment (CE) method to assess preferences on river pollution risk, water quality effects, threatened species and the yield in local fisheries. The payment vehicle was an additional annual charge to the electricity bill. All three...
Tipo: Journal article Palavras-chave: Attitudes; Choice modeling; Economic valuation; Water resource.
Ano: 2016 URL: http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202016000100011
Registros recuperados: 10
Primeira ... 1 ... Última
 

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