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Cited by 1,474

The DOI matches its Crossref record.

Combining Revealed and Stated Preference Methods for Valuing Environmental Amenities

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Adamowicz, W., Louviere, J., Williams, M.·1994·Journal of Environmental Economics and Management
DOI 10.1006/jeem.1994.1017
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Abstract

Abstract A stated preference model and a revealed preference model for recreational site choice are examined and compared. Both models are based on random utility theory and the data are obtained from the same individuals. The stated preference model is based on the respondent′s choice from hypothetical choice sets. Attributes in the stated preference model are based on the ranges of the actual levels of attributes in the revealed preference choice set and are presented to respondents using a fractional factorial statistical design. The results show that while independently estimated models appear to reflect different underlying preferences, joint estimation of the model parameters, including estimation of the relative scale parameter, provides evidence that the underlying preferences are in fact similar. Furthermore, combining the revealed and stated preference information yields other benefits in estimation.

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Authors
Adamowicz, W., Louviere, J., & Williams, M.
Venue
Journal of Environmental Economics and Management
Publisher
Elsevier BV
Published
1994-05
Volume
26
Issue
3
Pages
271-292
ISSN
0095-0696 (ISSN-L)
DOI
10.1006/jeem.1994.1017
OpenAlex
W1991920511
Cited by
1,474
References
0
FWCI
47.49
Type
journal article
Language
en
Open access
green

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.