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Sunday, November 19, 2017
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WTP or WTA, or both? Experiences from two choice experiments for early planning stages
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WTP or WTA, or both? Experiences from two choice experiments for early planning stages

35 pages · 6.06 EUR
(October 2007)

 
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Abstract:

The optimised design of project alternatives is a main challenge for the early stage of any real-world planning process. For participatory conservation planning procedures as required, e.g., by the CBD (Convention on Biological Diversity) Ecosystem Approach, it is essential to involve concerned stakeholders – and their values – as early as possible. We argue that the utilisation of choice experiments offers an attractive solution to the problem of an optimised design of project alternatives. In particular, we report experiences from two case studies employing choice experiments to generate policy advice. In both case studies, the necessity of dealing with the ambiguities of participatory planning processes led to the adoption of a payment vehicle format that includes WTP and WTA attribute levels. Like several other studies, we found evidence of WTP/WTA disparities that argue for reporting both values to stakeholders and administrators.

KEYWORDS: conservation planning, WTP/WTA disparity, attribute design


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the authors
Prof. Dr. Rainer Marggraf

1994 Professur für Volkswirtschaftslehre am Institut für Verkehrswissenschaft im Fachbereich Wirtschaftswissenschaften der Universität Hamburg. Seit 1995 Professur für Umwelt- und Ressourcenökonomik an der Fakultät für Agrarwissenschaften der Georg-August-Universität Göttingen.

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Claudia Cerda

, Departmento de Manejo de Recursos Forestales, Facultad de Ciencias Forestales, Universidad de Chile. Casilla 9206, Correo Central, Santiago de Chile

Jan Barkmann

, Department für Agrarökonomie und Rurale Entwicklung, Arbeitsbereich Umwelt- und Ressourcenökonomik, Georg-August-Universität. Platz der Göttinger Sieben 5, D-37073 Göttingen

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Jason Diafas

, Zentrum für Entwicklungsforschung (ZEF B), Universität Bonn. Walter-Flex-Str.3, D-53113 Bonn