In this paper, we examine some popular 'choice modelling'approaches to environmental
valuation, which can be considered as alternatives to more familiar valuation techniques …

Environmental protection is now an integral part of public policies, at local, national and
global levels. In all instances, the cost and benefits of policies and projects must be carefully …

This article proposes contemporary best-practice recommendations for stated preference
(SP) studies used to inform decision making, grounded in the accumulated body of peer …

This paper examines sources of correlation among utility coefficients in models allowing for
random heterogeneity, including correlation that is induced by random scale heterogeneity …

This paper assesses consumer preferences and willingness to pay for three different
environmental sustainability labels (EU Organic Farming, Rainforest Alliance,'Per il Clima …

This book describes the new generation of discrete choice methods, focusing on the many
advances that are made possible by simulation. Researchers use these statistical methods …

This paper considers mixed, or random coefficients, multinomial logit (MMNL) models for
discrete response, and establishes the following results. Under mild regularity conditions …

1. The foundations of economic valuation 1.1 The uses of economic valuation 1.2 The nature
of economic valuation and economic efficiency 1.3 Economic valuation and other values 1.4 …

Mixed logit models, also called random-parameters or error-components logit, are a
generalization of standard logit that do not exhibit the restrictive “independence from …

Non-market valuation has become a broadly accepted and widely practiced means of
measuring the economic values of the environment and natural resources. In this book, the …