Journal article
Choice experiments in environmental impact assessment: the case of the Toro 3 hydroelectric project and the Recreo Verde tourist center in Costa Rica
Impact Assessment and Project Appraisal, Vol.29(4), pp.252-262
2011
Abstract
Choice experiments, a stated preference valuation method, are proposed as a tool to assign monetary values to environmental externalities during the ex ante stages of environmental impact assessment. This case study looks at the impacts of the Costa Rican Institute of Electricity's Toro 3 hydroelectric project and its impacts on the Recreo Verde tourism center in San Carlos, Costa Rica. Compared to other valuation methods (e.g., travel cost and contingent valuation), choice experiments can create hypothetical but realistic scenarios for consumers and generate restoration alternatives for the affected good. Although they have limitations that must be taken into account in environmental impact assessment, incorporating economic parameters (especially resource constraints and tradeoffs) can substantially enrich the assessment process.
Details
- Title
- Choice experiments in environmental impact assessment: the case of the Toro 3 hydroelectric project and the Recreo Verde tourist center in Costa Rica
- Authors
- Dora Carias Vega (Author)Francisco Alpízar (Author) - Centro Agronomico Tropical de Investigacion y Ensenanza Catie
- Publication details
- Impact Assessment and Project Appraisal, Vol.29(4), pp.252-262
- Publisher
- Taylor & Francis
- DOI
- 10.3152/146155111X12959673795804
- ISSN
- 1471-5465
- Organisation Unit
- Tropical Forests & People Research Centre; Forest Research Institute
- Language
- English
- Record Identifier
- 99741997702621
- Output Type
- Journal article
Metrics
11 Record Views