Crastes, R, Beaumais, O, Arkoun, O et al. (6 more authors) (2014) Erosive runoff events in the European Union: Using discrete choice experiment to assess the benefits of integrated management policies when preferences are heterogeneous. Ecological Economics, 102. pp. 105-112. ISSN 0921-8009
Abstract
This paper assesses the value of mitigating erosive runoff events in a severely prone watershed of France using a discrete choice experiment approach. Good farming practices are integrated together with flood protection programs within a common management policy. The inclusion of risk exposure and socio-demographic variables in a random parameter logit model allows accounting for both latent and observed heterogeneity in preferences. Results show substantial benefits for each of the management alternatives valued. Results also identify that preferences significantly vary across respondents which suggests that policy makers should consider heterogeneity in preferences when designing policies for various area profiles in order to closely monitor welfare improvements.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Keywords: | discrete choice experiment; erosive runoff events; agriculture; flood management |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 05 Sep 2018 08:11 |
Last Modified: | 05 Sep 2018 08:11 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.ecolecon.2014.04.002 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:134995 |