Heterogeneity in the WTP for recreational access: distributional aspects

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Heterogeneity in the WTP for recreational access : distributional aspects. / Campbell, Danny; Vedel, Suzanne Elizabeth; Thorsen, Bo Jellesmark; Jacobsen, Jette Bredahl.

In: Journal of Environmental Planning and Management, Vol. 57, No. 8, 2014, p. 1200-1219.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Campbell, D, Vedel, SE, Thorsen, BJ & Jacobsen, JB 2014, 'Heterogeneity in the WTP for recreational access: distributional aspects', Journal of Environmental Planning and Management, vol. 57, no. 8, pp. 1200-1219. https://doi.org/10.1080/09640568.2013.793173

APA

Campbell, D., Vedel, S. E., Thorsen, B. J., & Jacobsen, J. B. (2014). Heterogeneity in the WTP for recreational access: distributional aspects. Journal of Environmental Planning and Management, 57(8), 1200-1219. https://doi.org/10.1080/09640568.2013.793173

Vancouver

Campbell D, Vedel SE, Thorsen BJ, Jacobsen JB. Heterogeneity in the WTP for recreational access: distributional aspects. Journal of Environmental Planning and Management. 2014;57(8):1200-1219. https://doi.org/10.1080/09640568.2013.793173

Author

Campbell, Danny ; Vedel, Suzanne Elizabeth ; Thorsen, Bo Jellesmark ; Jacobsen, Jette Bredahl. / Heterogeneity in the WTP for recreational access : distributional aspects. In: Journal of Environmental Planning and Management. 2014 ; Vol. 57, No. 8. pp. 1200-1219.

Bibtex

@article{9a5395d335c74e83a593cb3b177f6b3d,
title = "Heterogeneity in the WTP for recreational access: distributional aspects",
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.",
author = "Danny Campbell and Vedel, {Suzanne Elizabeth} and Thorsen, {Bo Jellesmark} and Jacobsen, {Jette Bredahl}",
note = "Published online 3 June 2013",
year = "2014",
doi = "10.1080/09640568.2013.793173",
language = "English",
volume = "57",
pages = "1200--1219",
journal = "Journal of Environmental Planning and Management",
issn = "0964-0568",
publisher = "Routledge",
number = "8",

}

RIS

TY - JOUR

T1 - Heterogeneity in the WTP for recreational access

T2 - distributional aspects

AU - Campbell, Danny

AU - Vedel, Suzanne Elizabeth

AU - Thorsen, Bo Jellesmark

AU - Jacobsen, Jette Bredahl

N1 - Published online 3 June 2013

PY - 2014

Y1 - 2014

N2 - 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.

AB - 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.

U2 - 10.1080/09640568.2013.793173

DO - 10.1080/09640568.2013.793173

M3 - Journal article

VL - 57

SP - 1200

EP - 1219

JO - Journal of Environmental Planning and Management

JF - Journal of Environmental Planning and Management

SN - 0964-0568

IS - 8

ER -

ID: 99148999