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Using the Contingent Grouping Method to Value Forest Attributes
Author(s) -
Pere Riera,
Joan Mogas,
Raúl Sánchez
Publication year - 2013
Publication title -
isrn forestry
Language(s) - English
Resource type - Journals
ISSN - 2090-892X
DOI - 10.1155/2013/359584
Subject(s) - contingent valuation , afforestation , ranking (information retrieval) , valuation (finance) , welfare , value (mathematics) , preference , productivity , reforestation , choice modelling , economics , econometrics , statistics , willingness to pay , mathematics , environmental resource management , geography , computer science , forestry , microeconomics , artificial intelligence , market economy , finance , macroeconomics
This paper presents the first application of a recently proposed stated preference valuation method called contingent grouping. The method is an alternative to other choice modeling methods such as contingent choice or contingent ranking. It was applied to an afforestation program in the northeast of Spain. The attributes included (and the marginal values estimated per individual) were allowing picnicking in the new forests (€2.47), sequestering 1000 tons of CO 2 (€0.04), delaying the loss of land productivity by 100 years, due to erosion in the new forests area (€0.783), and allowing four-wheel driving (€6.5), which is perceived as a welfare loss.

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