Testing Choice Experiment for Benefit Transfer with Preference Heterogeneity
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- Sergio Colombo
- Department of Agricultural Economics Andalusian Institute of Agrarian Research (IFAPA)
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- Javier Calatrava-Requena
- Agricultural Economics Department of the Andalusian Institute of Agrarian Research (IFAPA)
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- Nick Hanley
- University of Stirling Department of Economics
書誌事項
- 公開日
- 2007-02
- 権利情報
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- http://onlinelibrary.wiley.com/termsAndConditions#vor
- DOI
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- 10.1111/j.1467-8276.2007.00968.x
- 公開者
- Wiley
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説明
<jats:p>Benefit transfer is a cost‐effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multiattribute approach of choice experiments should provide advantages in terms of benefit transfer, allowing differences in environmental improvements between sites as well as differences in socioeconomic and attitude characteristics between respondent populations. This article investigates the capability of choice experiment method to be used in environmental benefit transfer when a random parameters approach is used to allow for preference heterogeneity: we find that the inclusion of respondents' taste heterogeneity reduces the magnitude of the transfer error.</jats:p>
収録刊行物
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- American Journal of Agricultural Economics
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American Journal of Agricultural Economics 89 (1), 135-151, 2007-02
Wiley