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Valuation Of Open Space As A Composite Environmental Good Via Conjoint Analysis

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  • Mackenzie, John

Abstract

This paper analyzes individuals' preferences for protection of open space parcels, described by their constituent environmental amenities, within the public choice framework of a statewide open space preservation initiative. An indirect utility index estimated from these preferences yields marginal valuations of individual amenities with acceptably narrow confidence intervals.

Suggested Citation

  • Mackenzie, John, 1991. "Valuation Of Open Space As A Composite Environmental Good Via Conjoint Analysis," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271166, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea91:271166
    DOI: 10.22004/ag.econ.271166
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    References listed on IDEAS

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    1. Bergstrom, John C. & Dillman, B. L. & Stoll, John R., 1985. "Public Environmental Amenity Benefits of Private Land: The Case of Prime Agricultural Land," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(1), pages 139-149, July.
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    8. Bishop, Richard C. & Heberlein, Thomas A., 1979. "Measuring Values Of Extramarket Goods: Are Indirect Measures Biased?," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Halstead, John M., 1984. "Measuring the Nonmarket Value of Massachusetts Agricultural Land: A Case Study," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 13(1), pages 1-8, April.
    10. Karl C. Samples & John A. Dixon & KMarcia M. Gowen, 1986. "Information Disclosure and Endangered Species Valuation," Land Economics, University of Wisconsin Press, vol. 62(3), pages 306-312.
    11. Moore, William L & Holbrook, Morris B, 1990. "Conjoint Analysis on Objects with Environmentally Correlated Attributes: The Questionable Importance of Representative Design," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 16(4), pages 490-497, March.
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    Cited by:

    1. Gan, Christopher E.C. & Luzar, E. Jane, 1993. "A Conjoint Analysis Of Waterfowl Hunting In Louisiana," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-10, December.

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