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Valuing the chances of survival of two distinct Eurasian lynx populations in Poland – do people want to keep doors open?

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  • Anna Bartczak

    ()
    (University of Warsaw, Faculty of Economic Sciences)

  • Jürgen Meyerhoff

    (Technische Universität Berlin Institute for Landscape and Environmental Planning)

Abstract

This survey deals with valuing the social benefits of increasing chances of survival of the two main Eurasian lynx populations in Poland: the Lowland population and the Carpathian one. The populations are exposed to different risks of extinction. Using a discrete choice experiment we examined the influence of the initial degree of endangerment of those lynx populations on respondents’ funds allocation. The results show that instead of investing in the option with the expected higher outcome a main driver of individuals’ decisions regarding the conservation of threatened species seems to be loss aversion. Thus, people seem to try to keep options (doors) open by investing more in the more vulnerable population. Moreover, employing a scale-extended latent class model allowed to detect segments among individuals showing different types of response behavior and therefore improved the accuracy of the willingness to pay estimates considerably compared to a conditional logit model.

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File URL: http://www.wne.uw.edu.pl/inf/wyd/WP/WNE_WP80.pdf
File Function: First version, 2012
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Bibliographic Info

Paper provided by Faculty of Economic Sciences, University of Warsaw in its series Working Papers with number 2012-14.

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Length: 19 pages
Date of creation: 2012
Date of revision:
Handle: RePEc:war:wpaper:2012-14

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Keywords: discrete choice models; loss aversion; Lynx conservation; scale-extended latent class model; threatened species;

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  1. William Greene & David Hensher, 2010. "Does scale heterogeneity across individuals matter? An empirical assessment of alternative logit models," Transportation, Springer, Springer, vol. 37(3), pages 413-428, May.
  2. McNair, Ben J. & Heshner, David A. & Bennett, Jeffrey W., 2011. "Modelling heterogeneity in response behaviour towards a sequence of discrete choice questions: a probabilistic decision process model," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia, Australian Agricultural and Resource Economics Society 100585, Australian Agricultural and Resource Economics Society.
  3. Danny Campbell & W. George Hutchinson & Riccardo Scarpa, 2007. "Incorporating Discontinuous Preferences into the Analysis of Discrete Choice Experiments," Working Papers in Economics, University of Waikato, Department of Economics 07/18, University of Waikato, Department of Economics.
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  6. Flynn, Terry Nicholas & Louviere, Jordan J. & Peters, Tim J. & Coast, Joanna, 2010. "Using discrete choice experiments to understand preferences for quality of life. Variance-scale heterogeneity matters," Social Science & Medicine, Elsevier, Elsevier, vol. 70(12), pages 1957-1965, June.
  7. Søren Olsen, 2009. "Choosing Between Internet and Mail Survey Modes for Choice Experiment Surveys Considering Non-Market Goods," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 44(4), pages 591-610, December.
  8. Roger H. von Haefen & D. Matthew Massey & Wiktor L. Adamowicz, 2005. "Serial Nonparticipation in Repeated Discrete Choice Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 87(4), pages 1061-1076.
  9. Daniel Kahneman & Jack L. Knetsch & Richard H. Thaler, 1991. "Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 5(1), pages 193-206, Winter.
  10. Danny Campbell & David A. Hensher & Riccardo Scarpa, 2011. "Non-attendance to attributes in environmental choice analysis: a latent class specification," Journal of Environmental Planning and Management, Taylor & Francis Journals, Taylor & Francis Journals, vol. 54(8), pages 1061-1076, December.
  11. Richardson, Leslie & Loomis, John, 2009. "The total economic value of threatened, endangered and rare species: An updated meta-analysis," Ecological Economics, Elsevier, Elsevier, vol. 68(5), pages 1535-1548, March.
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