Valuing biodiversity of Dachigam National Park: a choice experiment application

PurposeBiodiversity loss has become widespread since current rates are potentially catastrophic for species and habitat integrity, and the Dachigam National Park in Jammu and Kashmir (India) is not a distinctive case. Therefore, the main objective of this study is to elicit the willingness to pay (WTP) for biodiversity conservation of the Park.Design/methodology/approachA survey-based choice experiment method was carried out at the Dachigam National Park, an area that is threatened by several anthropogenic pressures. Attributes selected for analysis through choice experiments were endangered species, national park area, research and education opportunities the park withholds. To estimate WTP, a monetary variable involving an increase in entry fee was also incorporated. To obtain the estimates, the authors use the augmented conditional logit model.FindingsWTP for the selected attributes per visitor turned out to be ₹302.07 for enhancing the population of endangered species, ₹121.91 for improvement in the park area and ₹171.64 for increasing research and education opportunities the park withholds.Research limitations/implicationsThough the study uncovers very important aspects of evaluating the biological resources, albeit with some limitations. The study estimates WTP for biodiversity conservation using a conditional logit model, which is based on a specific area and population sample. It would be better if a broader sample is considered to trace out the findings for meaningful generalization. Besides, the results can be replicated for similar kinds of samples.Practical implicationsWith the use of benefits transfer method, this study aims to provide policymakers with useful information to manage biodiversity attributes across the Himalayan region.Originality/valueThe main contribution of this study is to provide a critical understanding of the valuation to facilitate the concerned body for better planning and management of biological resources. The findings of the present study can be used as an indicator of the inherent economic importance of biological resources across the Himalayan range for their better management and conservation that can help in ensuring sustainable utilization of these resources.

Download Full-text

The Value of Social Interactions and Incentives on the Use of a Digital Contact Tracing Tool Post COVID-19 Lockdown in Singapore

10.21203/rs.3.rs-783484/v1 ◽

2021 ◽

Author(s):

Zhilian Huang ◽

Huiling Guo ◽

Hannah YeeFen Lim ◽

Kia Nam Ho ◽

Evonne Tay ◽

...

Keyword(s):

Social Interactions ◽

Discrete Choice ◽

Logit Model ◽

Choice Experiment ◽

Public Hospital ◽

Contact Tracing ◽

Monetary Incentives ◽

Conditional Logit Model ◽

Conditional Logit ◽

Trade Offs

Abstract BackgroundWe assessed the preferences and trade-offs for social interactions, incentives, and being traced by a digital contact tracing (DCT) tool post lockdown in Singapore.MethodsWe conducted a discrete choice experiment (DCE) among visitors of a large public hospital in Singapore between July 2020 – February 2021. Respondents were sampled proportionately by gender and four age categories (21 – 80 years). The DCE questionnaire had three attributes (1. Social interactions, 2. Being traced by a DCT tool, 3. Incentives to use a DCT tool) and two levels each. The final dataset comprised 3839 respondents after dropping 53 with “irrational” responses. Panel fixed conditional logit model was used to analyze the data.ResultsRespondents were more willing to trade being traced by a DCT tool for social interactions than incentives and unwilling to trade social interactions for incentives. The proportion of respondents preferring no incentives and could only be influenced by their family members increases with age. Among proponents of monetary incentives, the preferred median value for a month’s usage of DCT tools amounted to S$10 (USD7.25) and S$50 (USD36.20) for subsidies and lucky draw.ConclusionsDCE can be used to elicit profile-specific preferences to optimize the uptake of DCT tools during a pandemic. Social interactions are highly valued by the population, who are willing to trade them for being traced by a DCT tool during the COVID-19 pandemic. Although a small amount of incentive is sufficient to increase the satisfaction of using a DCT tool, incentives alone may not increase DCT tool uptake.

Download Full-text

Do different Halal certificates have different impacts on Muslims?

Journal of Emerging Economies and Islamic Research ◽

10.24191/jeeir.v8i3.8884 ◽

2020 ◽

Vol 8 (3) ◽

pp. 26

Author(s):

Yukichika Kawata ◽

Syed Ahmed Salman

Keyword(s):

Logit Model ◽

Choice Experiment ◽

Conditional Logit Model ◽

Instant Coffee ◽

Conditional Logit ◽

Religious Concept

The Halal is one of the most essential concepts for Muslims and many associations worldwide issue Halal certificates of their own. We investigated in what ways Muslims treat different Halal certificates using instant coffee as an example. We can regard that if Muslims perceive different values for different Halal certificates, they regard Halal certificate more like a commercial certificate while if they perceive almost the same value, they regard the certificate as the religious certificate. We conducted a choice experiment to gather data in Malaysia and applied a conditional logit model. We supposed that there were packed instant coffees from the same company produced in 6 different countries (with/without Halal certificate logo of the produced country) and we compared their valuation for each Halal certificate. Our results showed that although Malaysian Muslims were not familiar with Halal certification logos other than Malaysia, they perceived almost the same values for Halal certificates from 6 different countries, indicating that they regarded different Halal certificates in the same way. This result implied that Muslims found the Halal concept as a religious concept and not as a commercial one.

Download Full-text

Factors Influencing the Adoption of Improved Rice Varieties in Rwanda: An Application of the Conditional Logit Model (CLM)

Challenges and Opportunities for Agricultural Intensification of the Humid Highland Systems of Sub-Saharan Africa ◽

10.1007/978-3-319-07662-1_21 ◽

2014 ◽

pp. 267-279

Author(s):

J. S. Mutware ◽

K. Burger

Keyword(s):

Logit Model ◽

Conditional Logit Model ◽

Rice Varieties ◽

Conditional Logit ◽

Factors Influencing

Download Full-text

A Heterogeneous Conditional Logit Model of Choice

Journal of Business and Economic Statistics ◽

10.2307/1391892 ◽

1988 ◽

Vol 6 (3) ◽

pp. 391 ◽

Cited By ~ 7

Author(s):

Joel H. Steckel ◽

Wilfried R. Vanhonacker

Keyword(s):

Logit Model ◽

Conditional Logit Model ◽

Conditional Logit

Download Full-text

Chinese consumers’ willingness to pay for rice

Journal of Agribusiness in Developing and Emerging Economies ◽

10.1108/jadee-11-2016-0077 ◽

2018 ◽

Vol 8 (2) ◽

pp. 256-269 ◽

Cited By ~ 4

Author(s):

Pei Xu ◽

Hang Su ◽

Todd Lone

Keyword(s):

Country Of Origin ◽

Conditional Logit Model ◽

Chinese Consumers ◽

Content Type ◽

Business Opportunity ◽

Conditional Logit ◽

Organic Rice ◽

Research Findings ◽

Rice Consumption ◽

The Impact

Purpose China’s expanded rice imports offer a profitable business opportunity for both domestic and international grain marketers. The purpose of this paper is to analyze the impact of select variables on Chinese consumers’ rice choices, specifically focusing on country-of-origin, price, organic, brand, freshness, and taste. The study concludes with suggestions for domestic and international rice marketers to help them develop more efficient rice marketing plans. Design/methodology/approach This study developed a conditional logit model to analyze survey data gathered from Chongqing and Chengdu, two of China’s largest rice consumption cities. Findings Chinese consumers are price sensitive in their rice choices. Country-of-origin is the most imperative factor affecting rice selection for lower food expense consumers but branded rice attracts the attention of higher food expense consumers. Furthermore, these higher food expense consumers are willing to pay a small premium of $0.22 for a pound of organic rice. Research limitations/implications A general trend in demand for organic rice from higher food expense consumers was identified, and this trend predicts a profitable market for organic rice sellers. However, these research findings are geographically limited and may only represent a consumption trend from the two sampled cities rather than all of China. Originality/value The study concludes with meaningful recommendations to rice marketers to aid in developing profitable market entrance strategies to China.

Download Full-text

Economic valuation of environmental attributes of the Yanachaga–Chemillén National Park via contingent valuation and choice experiment

World Journal of Engineering ◽

10.1108/wje-09-2020-0407 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Pedro Manuel Amaya ◽

Doris Esenarro Vargas ◽

Ciro Rodriguez Rodriguez ◽

Violeta Vega ◽

Jorge López Bulnes

Keyword(s):

Contingent Valuation ◽

Choice Experiment ◽

National Park ◽

Economic Valuation ◽

Well Being ◽

Economic Benefits ◽

Natural Ecosystem ◽

Content Type ◽

Environmental Attributes ◽

Practical Implications

Purpose The purpose of this paper is to present the first economic valuation of four environmental attributes of the Yanachaga–Chemillén National Park (PNYCH – Parque Nacional Yanachaga-Chemillén) in Peru. Design/methodology/approach This study included households in three cities adjacent to the PNYCH and assessed the willingness to pay (WTP) for preservation efforts of these natural services to avoid the predicted loss in forest area by 2030 (currently 143,425 hectares per year). Findings The results showed that the average WTP was US$0.695 (2.3197 soles) per household annually. Added to all households in Peru (9 million), this is equivalent to approximately 6.255 million dollars annually. Practical implications The economic valuation of these attributes is complementary to the contingent valuation and can have a significant impact, as this data influences decision-making and public policies focused on conserving forests and biodiversity. Social implications Upon using the choice experiment (CE) model, the attributes that have the most significant impact on inhabitants’ well-being were economic benefits. The flora and fauna coverage attributes were beneficial for the inhabitants of the place because they valued the proposed recovery and conservation program in a positive and differential way. Originality/value From the collection of valuable economic data, the novelty lies in using the CE method, which has not yet been applied in valuations of natural ecosystem services in Peru.

Download Full-text