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Göteborgs universitets publikationer

Using Choice Experiments for Non-Market Valuation

Författare och institution:
Francisco Alpizar (Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi); Fredrik Carlsson (Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi); Peter Martinsson (Institutionen för nationalekonomi med statistik, Enheten för miljöekonomi)
Publicerad i:
Economic Issues, 8 s. 83-110
Artikel, refereegranskad vetenskaplig
Sammanfattning (abstract):
This paper provides the latest research developments in the method of choice experiments applied to valuation of non-market goods. Choice experiments, along with the, by now, well-known contingent valuation method, are very important tools for valuing non-market goods and the results are used in both cost-benefit analyses and litigations related to damage assessments. The paper should provide the reader with both the means to carry out a choice experiment and to conduct a detailed critical analysis of its performance in order to give informed advice about the results. A discussion of the underlying economic model of choice experiments is incorporated, as well as a presentation of econometric models consistent with economic theory. Furthermore, a detailed discussion on the development of a choice experiment is provided, which in particular focuses on the design of the experiment and tests of validity. Finally, a discussion on different ways to calculate welfare effects is presented.
Ämne (baseras på Högskoleverkets indelning av forskningsämnen):
Ekonomi och näringsliv ->
Choice experiments; non-market goods; stated preference methods; valuation
Postens nummer:
Posten skapad:
2007-02-15 13:45

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