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Embedding effects in choice experiment valuations of environmental preservation projects

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  • Jacobsen, Jette Bredahl
  • Lundhede, Thomas Hedemark
  • Martinsen, Louise
  • Hasler, Berit
  • Thorsen, Bo Jellesmark

Abstract

This paper addresses the question, whether attribute values derived from a CE study of one nature restoration and preservation project depend on the overall scale of nature preservation activities in which it is embedded. A split-sample CE study was undertaken in which a particular nature preservation project was evaluated in three plausible and strictly different embedding contexts. Respondents' attention was drawn to a varying number of forthcoming substitute preservation projects to be implemented prior to the one in question. Results show that while WTP for the project in focus is sensitive to the presentation of substitute projects as such, there does not seem to be any clear and unidirectional relationship between WTP and the number of substitute projects. Furthermore, effects vary across the project's attributes.

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Bibliographic Info

Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 70 (2011)
Issue (Month): 6 (April)
Pages: 1170-1177

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Handle: RePEc:eee:ecolec:v:70:y:2011:i:6:p:1170-1177

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Web page: http://www.elsevier.com/locate/ecolecon

Related research

Keywords: Substitution effects Biodiversity Archaeological preservation Recreational access;

References

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Cited by:
  1. Fleischer, Aliza & Shafir, Sharoni & Mandelik, Yael, 2013. "A proactive approach for assessing alternative management programs for an invasive alien pollinator species," Ecological Economics, Elsevier, vol. 88(C), pages 126-132.
  2. Jacobsen, Jette Bredahl & Lundhede, Thomas Hedemark & Thorsen, Bo Jellesmark, 2013. "The effects of current income and expected change in future income on stated preferences for environmental improvements," Journal of Forest Economics, Elsevier, vol. 19(2), pages 206-219.

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