IDEAS home Printed from https://ideas.repec.org/p/ags/aesc12/134984.html
   My bibliography  Save this paper

Landscape Valuation: Choice Experiments or Contingent Valuation

Author

Listed:
  • Burgess, Diane
  • Finney, Graham
  • Matthews, David
  • Patton, Myles

Abstract

Landscapes represent the dynamic interaction of natural and cultural processes acting on the environment. Increasingly human impacts are dominating the natural processes resulting in landscape change and habitat loss. Due to the public good nature of landscapes, no market price exists to indicate their economic value and consequently impacts to the landscape are excluded from decision making processes. To include landscape change within the decision making process, valuation studies have been undertaken; primarily stated preference methods. In common with the valuation of many public goods, Choice Experiments (CE), have dominated the landscape valuation literature. However, CE makes the implicit assumption that the value of the good can be captured by the attributes of the the good. In CE a landscape would be described in terms of its features i.e. trees, field boundries. Drawing from psychology/cognitive research, we explore whether the spatial configuration of those landscape features has an impact on preferences. The findings of two surveys indicate that spatial configuration does have an impact on landscape preferences and therefore potentially on economic values. This would indicate that unless CE can incorporate spatial configuration, they may not be an appropriate method for valuing landscapes.

Suggested Citation

  • Burgess, Diane & Finney, Graham & Matthews, David & Patton, Myles, 2012. "Landscape Valuation: Choice Experiments or Contingent Valuation," 86th Annual Conference, April 16-18, 2012, Warwick University, Coventry, UK 134984, Agricultural Economics Society.
  • Handle: RePEc:ags:aesc12:134984
    DOI: 10.22004/ag.econ.134984
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/134984/files/Diane_Burgess_AES%202012%20Burgess.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.134984?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Environmental Economics and Policy;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aesc12:134984. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aesukea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.