RT Journal Article
SR Electronic
T1 Assessing Management Options for Weed Control with Demanders and Non-Demanders in a Choice Experiment
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 517
OP 528
DO 10.3368/le.84.3.517
VO 84
IS 3
A1 Carlsson, Fredrik
A1 Kataria, Mitesh
YR 2008
UL http://le.uwpress.org/content/84/3/517.abstract
AB The yellow floating heart is a water weed causing nuisance problems in Swedish watercourses. An economic analysis where various management options are considered is required. Using a choice experiment, we estimate the benefits of a weed-management program and perform a cost-benefit analysis. In order to be able to distinguish between those who have a demand for a program from those who do not, we introduce a way to distinguish demanders from non-demanders in the choice experiments. Using a simple cost-benefit rule, we find that cutting the weed in certain places in the lake can be justified. (JEL Q25, Q26, Q51)