Modeling ‘No-choice’ Responses in Attribute Based Valuation Surveys

Arbeitspapier

We examine the impact of providing a ‘no-choice’ option in an attribute based valuation experiment. The aim of the experiment was to assess monetary values of cockle fishery management practices in the Dutch Wadden Sea for different stakeholder groups, namely Dutch citizens, local residents, and tourists. The current policy debate about the management of the Wadden Sea stresses the fact that individual preferences with respect to cockle-fishery differ. The aim of this paper is to analyze the individual preferences in an objective way. Special attention is given to the influence of including a ‘no-choice option’, which is analyzed using a nested logit model. We test whether the full set of policy options can be considered as close substitutes. The estimation results show that the influence of including the no choice option differs among the stakeholders considered.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 64.2005

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities ; Single Equation Models; Single Variables: Other ; Renewable Resources and Conservation: Fishery; Aquaculture ; Renewable Resources and Conservation: Water ; Valuation of Environmental Effects
• Thema: Stakeholder valuation ; Stated choice method ; Multinomial logit model ; Binary logit model ; Fischereiressourcen ; Küstenregion ; Stakeholder ; Bewertung ; Niederlande

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): de Blaeij, Arianne T. ; Nunes, Paulo A.L.D. ; van den Bergh, Jeroen C.J.M.
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/74149
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ