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This paper considers the ways in which information can impact contingent valuation estimates of environmental values. The Hoehn/Randall distinction between value formulation and value statement is employed. We distinguish several ways information should be expected to effect true Willingness to...
Persistent link: https://www.econbiz.de/10005490227
Most work on valuing the recreational benefits of public forests has concentrated on arriving at consumers surplus per visit figures, using either the travel cost method, or contingent valuation. We use both methods to try and explain the variation in consumers surplus across different forest...
Persistent link: https://www.econbiz.de/10005653199