Live Breaking News & Updates on Discrete Choice Experiments

Institute for Environmental Studies (IVM), Vrije Universiteit, Amsterdam, Netherlands
Nature-based solutions (NBS) provide a promising means to a climate resilient future. To guide investments in NBS, stated preference studies have become a common tool to evaluate the benefits of NBS in developing countries. Due to subsistence lifestyles and generally lower incomes, SP studies in developing countries increasingly use time payments as an alternative to the traditionally implemented money payments. It remains unclear, however, how time values should be converted into money values, how the payment affects willingness to pay (WTP) estimates, and how this influence varies across settings with different levels of market integration. We compare the results of choice experiments that use either time or money payments and that are implemented in urban and rural Ghana. The choice experiments target to value different NBS aimed at erosion prevention and other ecosystem service benefits a ....

Ghana General , France General , United States , Field On , Great Lakes , San Miguel Island , City Of Tabaco , Uttar Pradesh , North Bank , New York , Bight Of Benin , Republic Of , Columbia University , Akosombo Dam , Senyo Adzah , La Meyer Geneva , Insyt Esoko , Spearman Rho , Van Wesenbeeck , Researchlime Barnabas Apom , Asia Pac , Tracy Commodore , Barnabas Amisigo , Van Oijstaeijen , Edem Mahu , Cornell Atkinson Center ,