Breaking New Ground in Heritage Valuation: A Comprehensive Use of Discrete Choice Experiments

Mikolaj Czajkowski, Bartosz Jusypenko and Ben White
Additional contact information
Bartosz Jusypenko: Faculty of Economic Sciences, University of Warsaw
Ben White: SurveyEngine GmbH, Germany

No 2025-11, Working Papers from Faculty of Economic Sciences, University of Warsaw

Abstract: This pioneering study employs stated preference methods, specifically discrete choice experiments, to evaluate public preferences for the protection of diverse cultural heritage assets in Victoria, Australia. By analyzing responses to a series of hypothetical policy scenarios, we uncover the economic values the public assigns to various heritage attributes, including condition, accessibility, and protection measures. Our findings emphasize the importance of both use and non-use values in shaping willingness to pay for heritage conservation. These insights are critical for developing more effective, community-aligned heritage policies that reflect the public's valuation of cultural heritage. This research marks a significant advancement in the application of discrete choice experiments for general heritage valuation, offering a robust framework for future studies and policy development in cultural heritage preservation.

Keywords: cultural heritage; historic preservation; built environment; non-market valuation; discrete choice experiment; public preferences (search for similar items in EconPapers)
JEL-codes: C51 H43 Q51 Z18 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2025
New Economics Papers: this item is included in nep-cul, nep-dcm and nep-exp
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https://www.wne.uw.edu.pl/download_file/5532/0 First version, 2025 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2025-11

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