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    Author(s): F. Christian Zinkhan; Thomas P. Holmes; D. Evan Mercer
    Date: 1994
    Source: SCFER Work. Pap. 76. Research Triangle Park, NC: Southeastern Center for Forest Economics Research. 16 p.
    Publication Series: Miscellaneous Publication
    PDF: View PDF  (77 KB)

    Description

    With conjoint analysis as its foundation, a practical approach for measuring the utility and dollar value of non-market outputs from southern forests is described and analyzed. The approach can be used in the process of evaluating alternative silvicultural and broader natural resource management plans when non-market as well as market outputs are recognized. When applied to the case of designing a nature and recreational park within a pine forest of North Carolina, the approach accurately predicted potential visitors' first choice, from five competing options, at rates as high as 86.7%.

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    Citation

    Zinkhan, F. Christian; Holmes, Thomas P.; Mercer, D. Evan. 1994. Conjoint analysis: a pragmatic approach for the accounting of multiple benefits in southern forest management. SCFER Work. Pap. 76. Research Triangle Park, NC: Southeastern Center for Forest Economics Research. 16 p.

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