Lexicographic Preferences in Discrete Choice Experiments: Consequences on Individual-Specific Willingness to Pay Estimates
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- Danny Campbell & George Hutchinson & Riccardo Scarpa, 2006. "Lexicographic preferences for rural environmental landscape improvements: implications on individual-specific willingness to pay estimates," Working Papers 0610, Rural Economy and Development Programme,Teagasc.
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More about this item
KeywordsContinuity axiom; Discrete Choice Experiments; Lexicographic Preferences; Mixed Logit; Individual-Specific Willingness to Pay;
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AGR-2006-11-25 (Agricultural Economics)
- NEP-ALL-2006-11-25 (All new papers)
- NEP-DCM-2006-11-25 (Discrete Choice Models)
- NEP-EXP-2006-11-25 (Experimental Economics)
- NEP-TUR-2006-11-25 (Tourism Economics)
- NEP-UPT-2006-11-25 (Utility Models & Prospect Theory)
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