Evaluating public risk preferences in forest land-use choices using multi-attribute utility theory

被引:61
作者
Ananda, J
Herath, G
机构
[1] Deakin Univ, Sch Accounting Econ & Finance, Geelong, Vic 3217, Australia
[2] La Trobe Univ, Sch Business, Wodonga, Vic 3690, Australia
关键词
risk attitudes; public values; utility functions; Australia; forest attributes;
D O I
10.1016/j.ecolecon.2004.12.015
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
Forest policy decisions inherently involve multiple attributes and risk and uncertainty as they largely deal with complex biological, ecological, and socio-political systems. Identifying risk preferences and quantifying their inter-relationships and tradeoffs are useful in formulating better forest policy. Often, technocrats and experts deal with risky decisions, but ideally, stakeholder risk characteristics should be explicitly considered in making policy decisions. This paper analysed societal risk preferences on public forest land-use attributes using multi-attribute utility theory (MAUT). The results indicate significant risk-averse behaviour towards old-growth forest conservation and forest-based recreation but less risk-averse behaviour towards native timber extraction. Overall, the respondents preferred a more conservative forest land-use option, which is consistent with their risk attitudes. The method provides insights into risk preferences of forest stakeholders, which could lead to better understanding of forest management conflicts. Moreover, the method explicitly distinguishes the technical and value components of the decision and is useful in unravelling public risk preferences in multiple-use forest planning situations. (c) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:408 / 419
页数:12
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