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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.

Suggested Citation

  • 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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    References listed on IDEAS

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    Citations

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    Cited by:

    1. repec:eee:ecomod:v:295:y:2015:i:c:p:75-87 is not listed on IDEAS
    2. Kragt, Marit Ellen, 2013. "Evidence-based Research in Environmental Choice Experiments," Working Papers 153335, University of Western Australia, School of Agricultural and Resource Economics.
    3. repec:eee:ecoser:v:18:y:2016:i:c:p:78-86 is not listed on IDEAS
    4. 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.
    5. 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.
    6. 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.
    7. Peng, Marcus & Oleson, Kirsten L.L., 2017. "Beach Recreationalists' Willingness to Pay and Economic Implications of Coastal Water Quality Problems in Hawaii," Ecological Economics, Elsevier, vol. 136(C), pages 41-52.
    8. 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.
    9. repec:eee:jeeman:v:85:y:2017:i:c:p:110-129 is not listed on IDEAS
    10. 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;Western Agricultural Economics Association.
    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.

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