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on Tourism Economics |
| By: | Mikołaj Czajkowski (University of Warsaw, Faculty of Economic Sciences); Marek Giergiczny (University of Warsaw, Faculty of Economic Sciences); Jakub Kronenberg (University of Lodz, Faculty of Economics and Sociology); Piotr Tryjanowski (Poznan University of Life Sciences, Institute of Zoology) |
| Abstract: | In this paper we estimate the economic value of selected ecosystem services provided by White Storks in a Polish ‘stork village’. A stork village is a common name for a village with a White Stork breeding colony, often inhabited by more storks than people. Zywkowo, the best known stork village in Poland, receives 2000–5000 tourists annually, many of whom come from abroad. The village has about 20–40 White Stork nests and several amenities aiming at improving its recreational attractiveness. To estimate the economic benefits provided by the stork village we apply the travel cost method. This is the first study of this kind for a stork village, and the first study related to the value of birds in Poland. Our results provide a useful input into policy and decision making, indicating that nature has economic value. It also serves as a clear illustration that degradation of nature may entail economic losses. |
| Keywords: | recreational value of birds; valuation of non-market goods; travel cost method |
| JEL: | Q26 Q51 Q57 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:war:wpaper:2012-11&r=tur |
| By: | Mikołaj Czajkowski (University of Warsaw, Faculty of Economic Sciences); Marek Giergiczny (University of Warsaw, Faculty of Economic Sciences); William H. Greene (New York University, Stern School of Business, Department of Economics) |
| Abstract: | Using multiple choice tasks per respondent in discrete choice experiment studies increase the amount of available information. However, treating repeated choice data in the same way as cross-sectional data may lead to biased estimates. In particular, respondents’ learning and fatigue may lead to changes in observed utility function preference (taste) parameters, as well as its error term variance (scale). Substantial body of empirical research offers mixed evidence in terms of whether (and which) of these ordering effects are observed. In this study we point to a significant component in explaining these differences – we show how accounting for unobservable preference and scale heterogeneity can influence the magnitude of observed ordering effects, especially if combined with too few choice tasks used for the analysis. We do this by utilizing the state-of-the-art modeling methods (H-MNL, S-MNL, H-RPL, G-MNL) which we modify to accommodate choice task specific scale parameter. In addition, we investigate possible bias resulting from not accounting for ordering effects. Our empirical study was based in the context of environmental protection – management changes in the protection of Polish forests. |
| Keywords: | ordering effects, learning, fatigue, preference and scale heterogeneity, forest management, recreation, biodiversity |
| JEL: | Q51 Q23 Q26 Q57 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:war:wpaper:2012-08&r=tur |
| By: | Tran, T.T.; Figuié, M.; Sirieix, L.; Moustier, P. |
| Abstract: | The concept of origin-linked product is familiar to Vietnamese urban consumers: in a survey conducted in 2005,Vietnamese urban consumers were able to quote 265 Vietnamese origin- linked products, mainly fresh ones (fruits and vegetables). These products are valued for their sanitary quality and their cultural and historical meaning. Current debates on geographical indication suggest using the reputation of the origin-linked products among local consumers as an evidence of a specific link between products and geographical origins. Nevertheless this approach raises some problems, quality being a social construction. Increasing the role of consumers in defining this quality might weaken the role of producers and the possibility to use the geographical indication as a development tool. ...French Abstract : Le concept de produits de terroir est un concept familier aux consommateurs urbains vietnamiens : ils ont pu citer au cours de notre enquête réalisée en 2005 plus de 265 produits, principalement des produis frais (fruits et légumes). Ces produits sont appréciés pour leur goût, leur qualité sanitaire et leur dimension culturelle. Mobiliser la réputation des produits terroirs auprès des consommateurs locaux en tant que preuve de l'existence d'un lien spécifique produit-terroir, comme le suggèrent certaines réglementations, pose un certain nombre de problèmes. En particulier, si l'on reconnaît que la qualité est une construction sociale, le poids accru donné aux consommateurs dans cette construction risque d'affaiblir les producteurs et le rôle du dispositif IG comme outil de développement. |
| Keywords: | FOOD; CONSUMER; GEOGRAPHICAL INDICATION; ORIGIN-LINKED PRODUCT; QUALITY; REPUTATION; VIETNAM |
| JEL: | D12 Q13 L15 O53 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:umr:wpaper:201203&r=tur |
| By: | Wladimir Andreff (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon Sorbonne) |
| Abstract: | Auction theory, when the bidders do not know the value of what is auctionned, is used to explain how the Olympic Games are allocated to competing bidding cities. It is a centralized allocation process with asymmetric information which usually comes out with a winner's curse. Various indicators of the latter are proposed and exemplified, the major one being the systematic ex ante underestimation of the Olympics costs. |
| Keywords: | auctions, bids, winner's curse, asymmetric information, cost underestimation, mega sporting events, Olympics |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-00703466&r=tur |