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- 26Adamowicz, Wiktor
- 6Boxall, Peter C.
- 6Swait, Joffre
- 5Luckert, Martin K.
- 3Hatton MacDonald, Darla
- 3Louviere, Jordan J.
- 3Consumer behaviour
- 3Forest management
- 3Nonmarket valuation
- 3Revealed preferences
- 2Aboriginal values
Hypothetical bias arises when values which people say they place on a good or service differ systematically from the values people reveal for the same good or service through actual, binding economic transactions. Studies of hypothetical bias with respect to public goods often use charitable...
Funding for the protection of the environment has traditionally come from general tax revenues. Fish and wildlife habitat enhancement and endangered species protection are prominent examples of this phenomenon. In the past few years, however, several aspects of this situation have changed. First,...
The benefits of nature-based tourism to biodiversity conservation are often presumed but rarely quantified. The relative value placed on attributes of nature parks is unknown, as is the contribution of biodiversity to tourists' willingness to visit a particular protected area. We surveyed...
Choice Environment, Market Complexity and Consumer Behavior: A Theoretical and Empirical Approach for Incorporating Decision Complexity into Models of Consumer ChoiceDownload
Most empirical models of consumer choice assume that the decision-maker assesses all alternatives and information in a perfect information processing sense. The complexity of the choice environment, the ability of the individual to make complex decisions and the effect of choice context on the...
The psychology, the marketing consumer behavior and, to a much smaller extent, the economics literature have long reported evidence that decision makers utilize different decision strategies depending upon many factors (person-specific, task-specific, etc.). Such observations have generally...
Welfare economics is often employed to measure the impact of economic policies or externalities. When demand is characterized by discrete choices, static models of consumer demand are employed for this type of analysis because of the difficulty in estimating dynamic discrete choice models. In...
A stated preference model and a revealed preference model for recreational site choice are examined and compared. Both models are based on random utility theory and the data are obtained from the same individuals. The stated preference model is based on the respondent's choice from hypothetical...
The responses of a random sample of consumers to the use of bovine somatotrophin (BST) in milk production were elicited using a stated preference methodology. A multinomial logit model of consumer choice was developed and tested to analyse consumers' choices of milk with varying characteristics...
The assessment of progress towards sustainability through the use of indicators has been the focus of many forest management and environmental agencies worldwide. Many countries have developed and report on their own set of \"Criteria and Indicators\" (C&I) and forest certification schemes almost...
One of the guiding themes for forest management policy throughout much of North America is sustained yield. The basic premise behind this theme is that a constant or non-declining flow of services from the forest is socially desirable. Unfortunately, the act of capturing the benefits of this...