Public Preferences for Pasture Landscapes and the Role of Scale Heterogeneity

Henning Schaak and Oliver Musshoff

German Journal of Agricultural Economics, 2021, vol. 70, issue 03

Abstract: The paper investigates the influence of different model specifications for interpreting the results of discrete choice experiments when investigating heterogeneous public landscape preferences. Comparing model spec-ifications based on the Mixed Multinomial Logit and the Generalized Multinomial Logit Model reveals that the parameter estimates appear qualitatively compa-rable. Still, a more in-depth investigation of the condi-tional estimate distributions of the sample show that parameter interactions in the Generalized Multinomi-al Logit Model lead to different interpretations com-pared to the Mixed Multinomial Logit Model. This highlights the potential impact of common model specifications in the results in landscape preference studies.

Keywords: Livestock Production/Industries; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Date: 2021
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Related works:
Working Paper: Public preferences for pasture landscapes and the role of scale heterogeneity (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:gjagec:343300

DOI: 10.22004/ag.econ.343300

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