A multi attribute extension of discrete-choice contingent valuation for valuation of angling site characteristics

Abstract

An extended version of the discrete choice contingent valuation method for valuation of angling site attributes is considered in this paper. The respondent is asked to choose among existing angling sites and a described hypothetical site. A new contribution is the approach suggested for modeling this kind of data where hypothetical alternatives are compared with existing ones. A major advantage of this new modeling approach is that it: avoids the substantial need for information on existing angling sites. Results froth an application of the method and the modeling approach are also presented.

Keywords

binary response models; logit; value of recreation; WTP; RUM

Published in

Journal of Leisure Research
2006, volume: 38, number: 2, pages: 133-142
Publisher: NATL RECREATION PARK ASSOCIATION

SLU Authors

• Paulrud, Anton

  • Department of Forest Economics, Swedish University of Agricultural Sciences
    

• Laitila, Thomas

  • Department of Forest Economics, Swedish University of Agricultural Sciences
    

UKÄ Subject classification

Environmental Sciences and Nature Conservation
Fish and Aquacultural Science
Economics and Business

Permanent link to this page (URI)

https://res.slu.se/id/publ/5064