PERCEPTIONS VERSUS OBJECTIVE MEASURES OF ENVIRONMENTAL-QUALITY IN COMBINED REVEALED AND STATED PREFERENCE MODELS OF ENVIRONMENTAL VALUATION

Authors
ADAMOWICZ W SWAIT J BOXALL P LOUVIERE J WILLIAMS M
Citation
W. Adamowicz et al., PERCEPTIONS VERSUS OBJECTIVE MEASURES OF ENVIRONMENTAL-QUALITY IN COMBINED REVEALED AND STATED PREFERENCE MODELS OF ENVIRONMENTAL VALUATION, Journal of environmental economics and management, 32(1), 1997, pp. 65-84
Citations number
20
Categorie Soggetti
Business,Economics,"Environmental Studies
Journal title
Journal of environmental economics and management → ACNP
ISSN journal
00950696
Volume
32
Issue
1
Year of publication
1997
Pages
65 - 84
Database
ISI
SICI code
0095-0696(1997)32:1<65:PVOMOE>2.0.ZU;2-1
Abstract
This study examines perceptions and objective attribute measures in di screte choice models of recreation site choice behavior. These forms o f attribute measurement are examined in individual and combined reveal ed preference/stated preference models. Our results suggest that the m odel based on perceptions slightly outperforms the models based on obj ective attribute measures. However, issues such as the definition of t he choice set and the measurement of welfare present significant chall enges when using perceptions data. (C) 1997 Academic Press