Show simple item record

dc.contributor.authorHynes, Stephen
dc.contributor.authorCampbell, Danny
dc.contributor.authorHowley, Peter
dc.identifier.citationHynes, S., Campbell, D., & Howley, P. (2011). A choice experiment versus a contingent valuation approach to agri-environmental policy valuation (Working paper no. 173). Galway: Department of Economics, National University of Ireland, Galway.en_US
dc.description.abstractThe non-market value accruing from an agri-environmental scheme can be examined by assessing the public's willingness to pay for the policy outputs as a whole or by modelling the preferences of society for the component attributes of the rural landscape that result from the implementation of the policy. In this paper we examine if the welfare impacts from implementing an agri-environmental policy are significantly different if one uses a holistic valuation methodology such as contingent valuation or an attribute based valuation methodology such as choice experiments. It is argued that the valuation methodology chosen should be based on whether or not the overall objective is the valuation of the agri-environment policy package in its entirety or the valuation of each of the policy's distinct environmental outputs.en_US
dc.publisherNational University of Ireland, Galwayen_US
dc.relation.ispartofseriesEconomics Working Papers;173
dc.subjectLandscape valuationen_US
dc.subjectEnvironmental goods and servicesen_US
dc.subjectContingent valuationen_US
dc.subjectChoice experimentsen_US
dc.subjectAttribute versus holistic valuesen_US
dc.subjectLatent class modelsen_US
dc.subjectPreference heterogeneityen_US
dc.subjectEnvironmental policyen_US
dc.titleA choice experiment versus a contingent valuation approach to agri-environmental policy valuationen_US
dc.typeWorking Paperen_US
dc.contributor.funderIrish Department of Agriculture, Fisheries and Food - Rural Stimulus Funden_US

Files in this item

Attribution-NonCommercial-NoDerivs 3.0 Ireland
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. Please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.

The following license files are associated with this item:

This item appears in the following Collection(s)

Show simple item record