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Estimating nonuse values using conjoint analysis

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Author Info
Robert W. Turner () (Colgate University)
Alita Giuda () (Albany Law School)
Laura Noddin () (Dartmouth Medical 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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File URL: http://www.economicsbulletin.com/2005/volume17/EB-05Q30001A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 17 (2005)
Issue (Month): 7 ()
Pages: 1-15
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:17:y:2005:i:7:p:1-15

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Related research
Keywords: conjoint analysis; national parks; nonuse values;

Find related papers by JEL classification:
Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
C5 - Mathematical and Quantitative Methods - - Econometric Modeling

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. 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. [Downloadable!] (restricted)
  2. Anna Alberini & Alberto Longo & Stefania Tonin & Francesco Trombetta & Margherita Turvani, 2003. "The Role of Liability, Regulation and Economic Incentives in Brownfield Remediation and Redevelopment: Evidence from Surveys of Developers," Working Papers 2003.7, Fondazione Eni Enrico Mattei. [Downloadable!]
    Other versions:
  3. Barbara Baarsma, 2003. "The Valuation of the IJmeer Nature Reserve using Conjoint Analysis," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 25(3), pages 343-356, July. [Downloadable!] (restricted)
    Other versions:
  4. Stevens, Thomas H. & Barrett, Christopher & Willis, Cleve E., 1997. "Conjoint Analysis Of Groundwater Protection Programs," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(2), October. [Downloadable!]
  5. Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. " Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Blackwell Publishing, vol. 15(3), pages 435-62, July. [Downloadable!] (restricted)
  6. Robert W. Turner, 2002. "Market Failures and the Rationale for National Parks," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 33(4), pages 347-356. [Downloadable!]
  7. Robin Segal, 1995. "Forecasting the Market for Electric Vehicles in California Using Conjoint Analysis," The Energy Journal, International Association for Energy Economics, vol. 16(3), pages 89-112.
  8. 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. [Downloadable!] (restricted)
  9. 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. [Downloadable!] (restricted)
  10. Stevens, T. H. & Belkner, R. & Dennis, D. & Kittredge, D. & Willis, C., 2000. "Comparison of contingent valuation and conjoint analysis in ecosystem management," Ecological Economics, Elsevier, vol. 32(1), pages 63-74, January. [Downloadable!] (restricted)
  11. 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. [Downloadable!] (restricted)
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This page was last updated on 2009-12-12.

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