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Estimating nonuse values using conjoint analysis

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  • Robert W. Turner

    ()
    (Colgate University)

  • Laura Noddin

    ()
    (Dartmouth Medical School)

  • Alita Giuda

    ()
    (Albany Law School)

Abstract

Conjoint analysis is a stated-preference technique for eliciting valuations of nonmarket, multi-attribute commodities. Recently it has begun to be used in environmental economics as an alternative to contingent valuation. In applications to environmental economics, though, conjoint analysis has been used to estimate use values or total values—the sum of use and nonuse values. We show a simple way to estimate the value of a resource to those who should have only nonuse values and illustrate using two surveys about national parks in Maine.

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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 17 (2005)
Issue (Month): 7 ()
Pages: 1-15

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Handle: RePEc:ebl:ecbull:eb-05q30001

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  1. Alberini, Anna & Longo, Alberto & Tonin, Stefania & Trombetta, Francesco & Turvani, Margherita, 2002. "The Role Of Liability, Regulation And Economic Incentives In Brownfield Remediation And Redevelopment: Evidence From Surveys Of Developers," Working Papers 28582, University of Maryland, Department of Agricultural and Resource Economics.
  2. Garrod, G. D. & Willis, K. G., 1997. "The non-use benefits of enhancing forest biodiversity: A contingent ranking study," Ecological Economics, Elsevier, vol. 21(1), pages 45-61, April.
  3. Dietrich Earnhart, 2001. "Combining Revealed and Stated Preference Methods to Value Environmental Amenities at Residential Locations," Land Economics, University of Wisconsin Press, vol. 77(1), pages 12-29.
  4. Adamowicz W. & Louviere J. & Williams M., 1994. "Combining Revealed and Stated Preference Methods for Valuing Environmental Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 26(3), pages 271-292, May.
  5. Wiktor Adamowicz & Peter Boxall & Michael Williams & Jordan Louviere, 1998. "Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 64-75.
  6. Robin Segal, 1995. "Forecasting the Market for Electric Vehicles in California Using Conjoint Analysis," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 89-112.
  7. Barbara E. Baarsma, 2004. "The Valuation of the IJmeer Nature Reserve using Conjoint Analysis," Others 0404006, EconWPA.
  8. Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. " Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 435-62, July.
  9. Robert W. Turner, 2002. "Market Failures and the Rationale for National Parks," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(4), pages 347-356, December.
  10. Roe, Brian & Boyle, Kevin J. & Teisl, Mario F., 1996. "Using Conjoint Analysis to Derive Estimates of Compensating Variation," Journal of Environmental Economics and Management, Elsevier, vol. 31(2), pages 145-159, September.
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Cited by:
  1. Willmarth, Blake & Turner, Robert, 2010. "Respondent Consistency in a Tournament-Style Contingent Choice Survey," Working Papers 2010-05, Department of Economics, Colgate University.
  2. Robert Turner, 2013. "Using contingent choice surveys to inform national park management," Journal of Environmental Studies and Sciences, Springer, vol. 3(2), pages 120-138, June.
  3. repec:cgt:wpaper:2014-01 is not listed on IDEAS

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