Spatial Factors and Stated Preference Values for Public Goods: Considerations for Rural Land Use
AbstractThis paper examines whether and how survey respondents react to spatial factors in stated preference surveys, and the ways in which preferences for spatial factors may influence welfare estimation. Alternative proposals to develop rural lands for residential purposes in southern New England were studied. Results illustrate that spatial attributes can influence estimated willingness to pay for development plans, even in cases where spatial attributes are only presented as cartographic details of maps used to clarify survey scenarios. Moreover, we find that subtle, and potentially unintended, spatial features presented in choice questions may influence marginal valuation of non-spatial attributes.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 78 (2002)
Issue (Month): 4 ()
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- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
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