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http://dx.doi.org/10.3741/JKWRA.2008.41.1.101

Evaluation of Alternative Benefit Using Choice Experiment Method and Alternative Evaluation Index  

Chung, Eun-Sung (Engineering Research Institute, Seoul National Univ.)
Kong, Ki-Seo (Agricultural & Science Technology Research Institute, Chungbuk National Univ.)
Lee, Kil-Seong (Dept. of Civil & Environmental Engrg., Seoul National Univ.)
Yoo, Jin-Chae (Dept. Agricultural Economics, Agriculture & Environment, Chungbuk National Univ.)
Publication Information
Journal of Korea Water Resources Association / v.41, no.1, 2008 , pp. 101-113 More about this Journal
Abstract
Cost-benefit analysis was conducted to propose the best alternatives for integrated watershed management. Benefits of all alternatives were estimated combining results of choice experiment method with alternative evaluation index (AEI). Choice experiment which is a kind of stated preference techniques was applied to six regions since the Anyangcheon watershed was divided into six according to spatial characteristics and conditions (potential hazard and location). Alternative of NB > 0 must be considerable since they are economically and technically feasible.
Keywords
Integrated watershed management; Cost-benefit analysis; Choice experiments method; Alternative evaluation index; Anyangcheon;
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