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Aquaculture and Fisheries Commons

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Theses/Dissertations

2019

Economics

The University of Maine

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Examining Citizens' Preferences For Aquaculture Using Discrete Choice Experiments, Olga Bredikhina May 2019

Examining Citizens' Preferences For Aquaculture Using Discrete Choice Experiments, Olga Bredikhina

Electronic Theses and Dissertations

Over the last few decades, discrete choice experiments (DCEs) have become increasingly popular across different subfields of economics as a way to elicit citizens‟ stated preferences for product and service attributes as well as various environmental and infrastructure features. The DCE framework could be seen as a time- and cost-effective alternative to the revealed preferences framework that is based on data obtained using transactions observed in real-world markets. DCEs offer the advantage over revealed preferences data because they allow learning about consumer preferences for hypothetical products or product attributes without bearing the costs of introducing new products to the market. …