Heterogeneity in the WTP for recreational access: distributional aspects

Danny Campbell; Suzanne Elizabeth Vedel; Bo Jellesmark Thorsen; Jette Bredahl Jacobsen

doi:10.1080/09640568.2013.793173

Heterogeneity in the WTP for recreational access: distributional aspects

Danny Campbell, Suzanne Elizabeth Vedel, Bo Jellesmark Thorsen, Jette Bredahl Jacobsen

Sektion for Miljø og Naturressourcer

28 Citationer (Scopus)

784 Downloads (Pure)

Abstract

In this study we have addressed appropriate modelling of heterogeneity in willingness to pay (WTP) for environmental goods, and have demonstrated its importance using a case of forest access in Denmark. We compared WTP distributions for four models: (1) a multinomial logit model, (2) a mixed logit model assuming a univariate Normal distribution, (3) or assuming a multivariate Normal distribution allowing for correlation across attributes, and (4) a mixture of two truncated Normal distributions, allowing for correlation among attributes. In the first two models mean WTP for enhanced access was negative. However, models accounting for preference heterogeneity found a positive mean WTP, but a large sub-group with negative WTP. Accounting for preference heterogeneity can alter overall conclusions, which highlights the importance of this for policy recommendations.

Originalsprog	Engelsk
Tidsskrift	Journal of Environmental Planning and Management
Vol/bind	57
Udgave nummer	8
Sider (fra-til)	1200-1219
Antal sider	20
ISSN	0964-0568
DOI	https://doi.org/10.1080/09640568.2013.793173
Status	Udgivet - aug. 2014

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10.1080/09640568.2013.793173

Pre-print Heterogeneity in the demand for recreational access Campbell et al 2014Indsendt manuskript, 229 KB

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AU - Jacobsen, Jette Bredahl

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Heterogeneity in the WTP for recreational access: distributional aspects

Abstract

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