... (WFCC) using a choice experiment. The attributes examined are contract duration (from 10 years to perpetuity), forest management requirements, and the extent of forestland covered under the contract. We find that contract attributes are valued very differently depending on landowner objectives...

... of the ratio of individual coefficients. Since the cost coefficient enters the denominator, its distribution plays a major role in the distribution of WTP. A standard practice in analysing the data from choice experiments is to assume the cost coefficient is fixed, which implies that there is no heterogeneity...

... © 2012 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå 2012 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå Licensed re-use rights only Choice experiments Natura 2000 network Welfare measure Native tree species...