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CHOICE MODELING (2) answer(s).
 
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1
ID:   076954


People or prairie chickens revisited: stated preferences with explicit non market trade-offs / Smith, Jeffrey S; McKee, Michael   Journal Article
Smith, Jeffrey S Journal Article
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Publication 2007.
Summary/Abstract Urban sprawl has led to increasing prevalence of endangered species on military training facilities throughout the United States. Provisions of the Endangered Species Act imply encroachment interrupts military training activities and may affect military readiness. Endangered species protection and military training are competing non-market goods. This paper reports the estimates of public valuation of military training activities incorporating explicit trade-offs associated with endangered species protection. Our results suggest the public is willing to pay to alleviate conflicts between endangered species and the military. The public values for continued survival of endangered species approximately equal those for military readiness
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2
ID:   125824


Valuation of environmental and societal trade-offs of renewable / Kosenius, Anna-Kaisa; Ollikainen, Markku   Journal Article
Ollikainen, Markku Journal Article
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Publication 2013.
Summary/Abstract Use of renewable energy sources is one solution to decrease green house gas emissions and the use of polluting fossil fuels. Renewables differ in their environmental and societal impacts, and to design sound renewable energy policy, societies need to assess the trade-offs between alternative sources. To enable the evaluation and comparison of renewable energy production alternatives in Finland, this paper applies the choice experiment to elicit the monetary information on people's preferences for four renewable energy sources: wind power, hydro power and energy from crops and wood, and considers four impacts of energy production: effects on biodiversity, local jobs, carbon emissions and household's electricity bill. The nested logit analysis reveals that higher income, male gender, young age, and pro-environmental attitude increase the probability to choose renewable energy instead of the current energy mix. Wind power is, on average, the most popular renewable energy technology, but regional differences exist. Biodiversity deterioration should be avoided. The national aggregate willingness to pay, based on stated preferences rather than preferences revealed by actual market behavior, for a combination of renewable energy technologies that corresponds to Finland's climate change and energy policy is over 500 million Euros.
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