Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation

Wiktor Adamowicz, Peter Boxall, Michael Williams and Jordan Louviere

American Journal of Agricultural Economics, 1998, vol. 80, issue 1, 64-75

Abstract: The measurement of passive use values has become an important issue in environmental economics. In this paper we examine an extension or variant of contingent valuation, the choice experiment, which employs a series of questions with more than two alternatives that are designed to elicit responses that allow the estimation of preferences over attributes of an environmental state. We also combine the information from choice experiments and contingent valuation to test for differences in preferences and error variances arising from the two methods. Our results show that choice experiments have considerable merit in measuring passive use values. Copyright 1998, Oxford University Press.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (589)

Downloads: (external link)
http://hdl.handle.net/10.2307/3180269 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:80:y:1998:i:1:p:64-75

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().