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

Author

Listed:
  • Arianne T. de Blaeij

    (Centre Utrecht (URU), Utrecht University)

  • Paulo A.L.D. Nunes

    (Free University)

  • Jeroen C.J.M. van den Bergh

    (Free University)

Abstract

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.

Suggested Citation

  • Arianne T. de Blaeij & Paulo A.L.D. Nunes & Jeroen C.J.M. van den Bergh, 2005. "Modeling ‘No-choice’ Responses in Attribute Based Valuation Surveys," Working Papers 2005.64, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2005.64
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    References listed on IDEAS

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    1. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304.
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    Cited by:

    1. Zander, Kerstin K. & Drucker, Adam G., 2008. "Conserving what's important: Using choice model scenarios to value local cattle breeds in East Africa," Ecological Economics, Elsevier, vol. 68(1-2), pages 34-45, December.

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    More about this item

    Keywords

    Stakeholder valuation; Stated choice method; Multinomial logit model; Binary logit model;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • C29 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Other
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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