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

12 Pages Posted: 3 Apr 2020

See all articles by Wiktor Adamowicz

Wiktor Adamowicz

University of Alberta

Peter Boxall

University of Alberta - Faculty of Agriculture, Forestry & Home Economics

Michael Williams

Advanis Inc.

Jordan Louviere

University of South Australia

Date Written: February 1998

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.

Keywords: choice experiments, contingent valuation, nonmarket valuation, passive use value, stated preference, Q260

Suggested Citation

Adamowicz, Wiktor and Boxall, Peter and Williams, Michael and Louviere, Jordan, Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation (February 1998). American Journal of Agricultural Economics, Vol. 80, Issue 1, pp. 64-75, 1998, Available at SSRN: https://ssrn.com/abstract=3567255 or http://dx.doi.org/10.2307/3180269

Wiktor Adamowicz (Contact Author)

University of Alberta ( email )

Edmonton, Alberta T6G 2R3
Canada

Peter Boxall

University of Alberta - Faculty of Agriculture, Forestry & Home Economics ( email )

Edmonton, Alberta
Canada

Michael Williams

Advanis Inc.

12 W. University Ave. #205
Gainesville, FL 32601
United States

Jordan Louviere

University of South Australia

37-44 North Terrace, City West Campus
Adelaide, 5001
Australia

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