The paper examines people's preferences for changes in selected ecosystem services resulting from new management strategies of forest areas in Poland. This study applies a generalized multinomial logit model to interpret the results of a discrete choice experiment administered to a...

Every production process gives rise to unintended outputs. We argue that whether an output is desired or undesired, is not given per se, but depends on the economic circumstances which change over time. As a result, by-products of one industry, first perceived as non-marketable wastes, may...