Assessing management options for weed control with demanders and non-demanders in a choice experiment
AbstractThe yellow floating heart is a water weed causing nuisance problems in Swedish watercourses. An economic analysis of this is required where various management options are considered. The benefits of a management program are to a large extent recreational. Using a choice experiment we estimate the benefits of a weed management program and perform a cost-benefit analysis of different management programs. In order to be able to distinguish between those who have a demand for a program from those who do not, we introduce a way to distinguish demanders from non-demanders in the choice experiments. The advantage of our suggested approach is that we can more clearly distinguish between conditional and unconditional willingness to pay. In the empirical study we find that a share of the respondents are non-demanders. The demander willingness to pay still justifies cutting the weed in certain places in the lake, given that we use a simple cost-benefit rule.
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Bibliographic InfoPaper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 208.
Length: 17 pages
Date of creation: 30 May 2006
Date of revision:
Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Choice experiments; invasive species; non-demanders; bivariate probit;
Other versions of this item:
- Fredrik Carlsson & Mitesh Kataria, 2008. "Assessing Management Options for Weed Control with Demanders and Non-Demanders in a Choice Experiment," Land Economics, University of Wisconsin Press, vol. 84(3), pages 517-528.
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
This paper has been announced in the following NEP Reports:
- NEP-AGR-2006-06-03 (Agricultural Economics)
- NEP-ALL-2006-06-03 (All new papers)
- NEP-DCM-2006-06-03 (Discrete Choice Models)
- NEP-TUR-2006-06-03 (Tourism Economics)
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.:
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