Professor Riccardo Scarpa's Outputs (8)

A Choice Experiment for the Estimation of the Economic Value of the River Ecosystem: Management Policies for Sustaining NATURA (2000) Species and the Coastal Environment. (2014)
Book Chapter
Koundouri, P., Scarpa, R., & Stithou, M. (2014). A Choice Experiment for the Estimation of the Economic Value of the River Ecosystem: Management Policies for Sustaining NATURA (2000) Species and the Coastal Environment. In P. Koundouri, & A. Nikos (Eds.), Water Resources Management Sustaining Socio-Economic Welfare: The Implementation of the European Water Framework Directive in Asopos River Basin in Greece (101-112). Springer Verlag. https://doi.org/10.1007/978-94-007-7636-4_6

The valuation method of Choice Experiments (CEs) is often used for the economic valuation of natural areas with several nonmarket features that are either degraded or under-degradation. This method can be used to obtain estimates of Willingness-to-Pa... Read More about A Choice Experiment for the Estimation of the Economic Value of the River Ecosystem: Management Policies for Sustaining NATURA (2000) Species and the Coastal Environment..

Experimental Design Criteria and Their Behavioural Efficiency: An Evaluation in the Field (2014)
Journal Article
Yao, R., Scarpa, R., Rose, J., & Turner, J. (2015). Experimental Design Criteria and Their Behavioural Efficiency: An Evaluation in the Field. Environmental and Resource Economics, 62(3), 433-455. https://doi.org/10.1007/s10640-014-9823-7

Comparative results from an evaluation of inferred attribute non-attendance are provided for experimental designs optimised for three commonly employed statistical criteria, namely: orthogonality, Bayesian D-efficiency and optimal orthogonality in th... Read More about Experimental Design Criteria and Their Behavioural Efficiency: An Evaluation in the Field.

Does money talk? — The effect of a monetary attribute on the marginal values in a choice experiment (2014)
Journal Article
Aravena, C., Martinsson, P., & Scarpa, R. (2014). Does money talk? — The effect of a monetary attribute on the marginal values in a choice experiment. Energy Economics, 44, 483-491. https://doi.org/10.1016/j.eneco.2014.02.017

When designing choice experiments for nonmarket valuation the role of the price attribute is of major importance. In the energy sector the uncertainty of future direction of changes in prices makes it difficult to include an adequate price vector in... Read More about Does money talk? — The effect of a monetary attribute on the marginal values in a choice experiment.

Bounding WTP distributions to reflect the ‘actual’ consideration set. (2014)
Journal Article
Campbell, D., Hensher, D., & Scarpa, R. (2014). Bounding WTP distributions to reflect the ‘actual’ consideration set. Journal of Choice Modelling, 11, 4-15. https://doi.org/10.1016/j.jocm.2014.02.004

In this paper we extend the independent availability logit and combined latent class mixed logit models to accommodate respondents with different consideration sets due to their cost thresholds and cut-offs. Pertinent features of our model are that i... Read More about Bounding WTP distributions to reflect the ‘actual’ consideration set..

The influence of individuals in forming collective household preferences for water quality (2014)
Journal Article
Rungie, C., Scarpa, R., & Thiene, M. (2014). The influence of individuals in forming collective household preferences for water quality. Journal of Environmental Economics and Management, 68(1), 161-174. https://doi.org/10.1016/j.jeem.2014.04.005

Preference for water quality and its nonmarket valuation can be used to inform the development of pricing policies and long term supply strategies. Tap water quality is a household concern. The objective status quo of water provision varies between h... Read More about The influence of individuals in forming collective household preferences for water quality.

Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both? (2014)
Journal Article
Boeri, M., Scarpa, R., & Chorus, C. (2014). Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?. Transportation Research Part A: Policy and Practice, 61, 121-135. https://doi.org/10.1016/j.tra.2014.01.003

This paper proposes a discrete mixture model which assigns individuals, up to a probability, to either a class of random utility (RU) maximizers or a class of random regret (RR) minimizers, on the basis of their sequence of observed choices. Our prop... Read More about Stated choices and benefit estimates in the context of traffic calming schemes: Utility maximization, regret minimization, or both?.

Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay (2014)
Journal Article
Yao, R., Scarpa, R., Turner, J., Barnard, T., Rose, J., Palma, J., & Harrison, D. (2014). Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay. Ecological Economics, 98, 90-101. https://doi.org/10.1016/j.ecolecon.2013.12.009

Planted forests are increasingly recognised for the provision of habitats for species threatened with extinction. Despite this development, a limited number of empirical studies have been undertaken to estimate the economic value of this ecosystem se... Read More about Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay.

Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices (2014)
Journal Article
Tee, J., Scarpa, R., Marsh, D., & Guthrie, G. (2014). Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices. Land Economics, 90(1), 44-60. https://doi.org/10.3368/le.90.1.44

Under the New Zealand Emissions Trading Scheme, forests planted on or after January 1, 1990, earn carbon credits. These credits have to be repaid when the forest is harvested. This paper analyses the effects of this scheme on the value of bareland on... Read More about Forest valuation under the New Zealand Emissions Trading Scheme: a real options binomial tree with stochastic carbon and timber prices.