Mangroves and economic development in Tobago: Incorporating payment horizons, choice certainty and ex-post interviews in discrete choice experiments
Niko Howai,
Kelvin Balcombe and
Elizabeth J.Z. Robinson
Ecological Economics, 2025, vol. 236, issue C
Abstract:
Governments have long faced potential trade-offs between economic development and protecting nature. This is particularly true for tropical and sub-tropical islands where most mangroves are found. Motivated by Trinidad and Tobago's central government's prior hotel development plans, we employ a discrete choice experiment (DCE) to investigate residents' preferences for mangrove ecosystem services (ES) in the Bon Accord Lagoon and Buccoo Bay, Tobago. Preferences were investigated in the context of a trade-off between conserving mangroves and promoting economic development through a hypothetical hotel project in the study area. We use a Hierarchical Bayesian Logit Model, exploring two distinct payment horizons, 5 and 25-years, undertaken independently and also merged in models that allow for choice certainty and individual characteristics. We find that respondents have consistent willingness-to-pay (WTP) for mangrove ES and exhibit general insensitivity to the payment horizons due to perceived disbenefits associated with mangrove loss from hotel development. The DCE and ex-post (follow-up) interviews suggest that there is strong public support for policies aimed at long-term protection of mangroves.
Keywords: Discrete choice experiment; Ecosystem services; Payment horizons; Choice certainty; Ex-Post interviews; Hierarchical Bayesian Logit; Mangroves (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:236:y:2025:i:c:s0921800925001764
DOI: 10.1016/j.ecolecon.2025.108693
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