Show simple item record  

dc.contributor.authorScarpa, Riccardo
dc.contributor.authorCampbell, Danny
dc.contributor.authorHutchinson, W. George
dc.date.accessioned2009-01-26T23:00:48Z
dc.date.available2009-01-26T23:00:48Z
dc.date.issued2006
dc.identifier.citationScarpa, R., Campbell, D. & Hutchinson, W. (2007). Benefit estimates for landscape improvements: sequential Bayesian design and respondents' rationality in a choice experiment. Land Economics, 83(4), 617-634.en
dc.identifier.urihttps://hdl.handle.net/10289/1845
dc.description.abstractA multi-attribute, stated-preference approach is used to value low and high impact actions on four major landscape components addressed by the Rural Environment Protection Scheme in Ireland. Several methodological issues are addressed: the use of prior beliefs on the relative magnitudes of parameters, standardized description of different levels of landscape improvements via image manipulation software, adoption of efficiency-increasing sequential experimental design, and sensitivity of benefit estimates to inclusion of responses from ‘‘irrational’’ respondents. Results suggest that Bayesian design updating delivers significant efficiency gains without loss in respondent efficiency, and estimates are upward-biased when irrational respondents are included. (JEL Q24, Q51)en
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherUniversity of Wisconsin Pressen_NZ
dc.relation.urihttp://le.uwpress.org/cgi/content/abstract/83/4/617en
dc.rightsThis article has been published in the journal: Land Economics. © 2007 by the Board of Regents of the University of Wisconsin System. Used with Permission.en
dc.subjectlandscape improvementen
dc.subjectBayesian designen
dc.titleBenefit estimates for landscape improvements: sequential Bayesian design and respondents' rationality in a choice experimenten
dc.typeJournal Articleen
dc.identifier.doi10.3368/le.83.4.617en
dc.relation.isPartOfLand Economicsen_NZ
pubs.begin-page617en_NZ
pubs.elements-id4773
pubs.end-page634en_NZ
pubs.issue4en_NZ
pubs.volume83en_NZ
uow.identifier.article-no0606en_NZ


Files in this item

This item appears in the following Collection(s)

Show simple item record