Valuing Environmental Impact Using Conjoint Analysis

Valuing watershed quality improvements using conjoint analysis

This paper reports on a study of valuation of multiple stream quality improvements in an acid-mine degraded watershed in Western Pennsylvania. A technique extensively used in marketing research, conjoint (CJ) analysis, is used in conjunction with a random utility model (RUM) to establish shadow valuations for various combinations of stream quality improvements in two streams. The technique show...

Using Conjoint Analysis to Quantify Public Preferences over the Environmental Impacts of Wind Farms

comparing the environmental impact assessment methods using analytical taxonomic analysis

further to emerging the environmental protection thoughts in the 1970's, most of the governments in the developed countries have been faced with social pressures for taking actions in order to stop the degradation in the environment and the quality of life. in response to such a societal desire, those governments have approved the requirement of environmental impact statement for the proje...

The Impact of Utility Balance and Endogeneity in Conjoint Analysis

A metric utility balance is at the heart of one of the most widely used and studied methods for conjoint analysis. We use formal models, simulations, and empirical data to suggest that adaptive metric utility balance leads to partworth estimates that are relatively biased—smaller partworths are upwardly biased relative to larger partworths. Such relative biases could lead to erroneous manageria...

Valuing Beach Recreation Lost in Environmental Accidents

This paper reviews methods that can be used to estimate the loss in use value associated with saltwater beach recreation in the case of an environmental accident, such as an oil spill. Particular attention is focused on methods for verifying beach attendance data and on transferring benefit estimates from other locales. The paper first reviews methods for estimating what reported attendance mig...