Spatial Preference Heterogeneity: A Choice Experiment
The main objective is to assess preference heterogeneity related to the spatial distribution of water quality improvements throughout a river basin. In a choice experiment, the river basin’s hydrogeographical units and the levels of water quality improvement are included as attributes in the experimental design. Changes in water quality throughout the river basin are visualized with maps and modeled simultaneously in relation to where respondents live, in a random utility model. Not accounting for spatial preference heterogeneity results, in this case study, in an underestimation of welfare when aggregating willingness-to-pay values from subbasins to the river basin as a whole.
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Volume (Year): 86 (2010)
Issue (Month): 3 ()
Pages:
| Handle: | RePEc:uwp:landec:v:86:y:2010:iii:1:p552-568 |
| Contact details of provider: | Web page: http://le.uwpress.org/
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References listed on IDEAS
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"Discrete Choice Methods with Simulation,"
Cambridge Books,
Cambridge University Press, number 9780521747387, February.
- Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, February.
- Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2.
- Robert J. Johnston & RStephen K. Swallow & Dana Marie Bauer, 2002. "Spatial Factors and Stated Preference Values for Public Goods: Considerations for Rural Land Use," Land Economics, University of Wisconsin Press, vol. 78(4), pages 481-500. Full references (including those not matched with items on IDEAS)
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