This work presents an estimation of the willingness to pay for projects destined to improve the air quality of the Great Santiago in Chile, through the implementation of a determined number of hectares of green areas. The contingent valuation method is used, assuming a linear function form of...

The valuation of non-market goods involves iterated elicitation questions which obtain more information from the sample respondents and lead to more efficient welfare estimates. In this paper we consider the improvements which could be obtained by utilising a Bayesian MCMC approach to model this...

The valuation of non-market goods is an increasingly widespread subject of study in economic analysis, both in terms of theoretical contributions and empirical applications. Analysis of natural resources has long engaged scholars’ attention, although growing interest is focusing on assets...

The objective of this study is to analyze the difference in the willingness to pay (WTP) for an improvement in air quality between users and nonusers of firewood at the locality of Florida in Talca (Chile). This analysis applied a contingent valuation approach, with a doubled-bound dichotomous...

The article describes an application of contingent valuation to estimate welfare losses caused by noise pollution in the railway line connecting Galicia and Portugal. In addition, temporary specification related to the payment vehicle in the valuation and the internationally used rating scales...

Natural Resources and Environmental Services act as characterized public goods because they are sources of direct utility without any associated market with related prices. For instance, the recreational services of the natural parks are guaranteed to the visitors by an entrance payment ticket....