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Indices of biotic integrity in stated preference valuation of aquatic ecosystem services

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  • Johnston, Robert J.
  • Segerson, Kathleen
  • Schultz, Eric T.
  • Besedin, Elena Y.
  • Ramachandran, Mahesh

Abstract

Stated preference surveys often give minimal attention to distinctions between intermediate and final ecosystem services, leading to the potential for welfare estimates that overlook, misrepresent or double count associated values. This paper illustrates potential mechanisms through which multimetric indexes of the type developed in the ecological literature, here an index of biotic integrity, can be used within stated preference survey scenarios to both improve the validity of survey responses and provide otherwise unavailable information on willingness to pay for intermediate and final ecosystem services. We illustrate the approach using a choice experiment application to the restoration of migratory fish in a Rhode Island watershed. Where assumptions of the model hold, results can allow transparent disentanglement and estimation of marginal values for both intermediate and final ecosystem services.

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  • Johnston, Robert J. & Segerson, Kathleen & Schultz, Eric T. & Besedin, Elena Y. & Ramachandran, Mahesh, 2011. "Indices of biotic integrity in stated preference valuation of aquatic ecosystem services," Ecological Economics, Elsevier, vol. 70(11), pages 1946-1956, September.
    • Handle: RePEc:eee:ecolec:v:70:y:2011:i:11:p:1946-1956
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    3. Daniel R. Petrolia & Matthew G. Interis & Joonghyun Hwang, 2014. "America's Wetland? A National Survey of Willingness to Pay for Restoration of Louisiana's Coastal Wetlands," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 17-37.
    4. Bartkowski, Bartosz & Massenberg, Julian Richard & Lienhoop, Nele, 2022. "Between complexity and unfamiliarity: Preferences for soil-based ecosystem services," UFZ Discussion Papers 3/2022, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    5. Lewis, David J. & Provencher, Bill & Beardmore, Ben, 2015. "Using an intervention framework to value salient ecosystem services in a stated preference experiment," Ecological Economics, Elsevier, vol. 114(C), pages 141-151.
    6. Mancini, Maria Serena & Galli, Alessandro & Coscieme, Luca & Niccolucci, Valentina & Lin, David & Pulselli, Federico Maria & Bastianoni, Simone & Marchettini, Nadia, 2018. "Exploring ecosystem services assessment through Ecological Footprint accounting," Ecosystem Services, Elsevier, vol. 30(PB), pages 228-235.
    7. Holland, Benedict M. & Johnston, Robert J., 2017. "Optimized quantity-within-distance models of spatial welfare heterogeneity," Journal of Environmental Economics and Management, Elsevier, vol. 85(C), pages 110-129.
    8. Holland, Benedict M. & Johnston, Robert J., 2015. "Capturing More Relevant Measures of Spatial Heterogeneity in Stated Preference Willingness to Pay: Using an Iterative Grid Search Algorithm to Quantify Proximate Environmental Impacts," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205450, Agricultural and Applied Economics Association.
    9. Minjuan Zhao & Robert Johnston & Eric Schultz, 2013. "What to Value and How? Ecological Indicator Choices in Stated Preference Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 3-25, September.
    10. Wainger, L. & Loomis, J. & Johnston, R. & Hansen, L. & Carlisle, D. & Lawrence, D. & Gollehon, N. & Duriancik, L. & Schwartz, G. & Ribaudo, M. & Gala, C., 2017. "Ecosystem Service Benefits Generated by Improved Water Quality from Conservation Practices," C-FARE Reports 260679, Council on Food, Agricultural, and Resource Economics (C-FARE).
    11. Robert J. Johnston & Eric T. Schultz & Kathleen Segerson & Elena Y. Besedin & Mahesh Ramachandran, 2012. "Enhancing the Content Validity of Stated Preference Valuation: The Structure and Function of Ecological Indicators," Land Economics, University of Wisconsin Press, vol. 88(1), pages 102-120.
    12. Allen, Karen E. & Moore, Rebecca, 2016. "Moving beyond the exchange value in the nonmarket valuation of ecosystem services," Ecosystem Services, Elsevier, vol. 18(C), pages 78-86.
    13. Jensen, Anne Kejser, 2019. "A Structured Approach to Attribute Selection in Economic Valuation Studies: Using Q-methodology," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
    14. Kragt, Marit Ellen, 2013. "Evidence-based Research in Environmental Choice Experiments," Working Papers 153335, University of Western Australia, School of Agricultural and Resource Economics.
    15. Holland, Benedict M. & Johnston, Robert J., 2014. "Spatially-Referenced Choice Experiments: Tests of Individualized Geocoding in Stated Preference Questionnaires," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170191, Agricultural and Applied Economics Association.
    16. Stoll, Stefan & Frenzel, Mark & Burkhard, Benjamin & Adamescu, Mihai & Augustaitis, Algirdas & Baeßler, Cornelia & Bonet, Francisco J. & Carranza, Maria Laura & Cazacu, Constantin & Cosor, Georgia L. , 2015. "Assessment of ecosystem integrity and service gradients across Europe using the LTER Europe network," Ecological Modelling, Elsevier, vol. 295(C), pages 75-87.

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