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| Schmitz, Kim; Schmitz, P. Michael; Wronka, Tobias C.. |
| The first application of choice experiments as an environmental valuation method in Germany clearly demonstrates the potential of this method for the valuation of agriculture's multifunctionality. Choice experiments are a reasonable enhancement of the conjoint analysis as they are capable of calculating the theoretically correct welfare measures in the form of implicit prices. In combination with business and ecological models this allows for the comprehensive valuation of agriculture's multifunctionality in the sense, that in addition to the supply or cost side of land use scenarios the demand or benefit side is accounted for. In this study the integrated ecological and economical valuation of land use scenarios was demonstrated for two different... |
| Tipo: Journal Article |
Palavras-chave: Choice experiments; Environmental valuation; Multifunctional agriculture; Environmental Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/98082 |
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