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This study analyses the factors influencing pricing of National Park visits in Kenya. A two step regression procedure … is used to develop a pricing mechanism for Lake Nakuru National Park (LNNP). In the first stage, count data models are …
Persistent link: https://www.econbiz.de/10010675898
of different pricing scheme. We look at Boiteux-Ramsey Pricing, Marginal Cost Pricing as well as an arbitrary water … pricing increase for the agriculture sectors. A standard AGE was adapted by explicitly modeling water production with its …-Ramsey pricing seems to be the best alternative. Moreover, we show that BRP become more clearly advantageous vs MCP the more rigid …
Persistent link: https://www.econbiz.de/10005475135
Experimental methods are central to assessments of environmental valuation approaches that are operationally meaningful. Existing lab experiments focus attention sharply on the neglect of hypothetical bias. They also offer constructive solutions to correct this bias, and beg for validation in...
Persistent link: https://www.econbiz.de/10012736581
In this paper option pricing theory is used to analyse whether or not to preserve a wilderness area. A numerical …
Persistent link: https://www.econbiz.de/10012788590
In December of 1962, Vail opened as a ski area. The lodges, houses, condominiums, shops, and restaurants at its base became the nucleus of the emergent town of Vail and the prototype of the modern recreational gateway community. The term quot;gateway communityquot; did not originate in Vail. It...
Persistent link: https://www.econbiz.de/10012772062
Concerns with CO2 emissions are creating incentives for the development and deployment of energy technologies that do not use fossil fuels. Indeed, such technologies would provide tangible benefits in terms of avoided fossil-fuel costs, which are likely to increase as restrictions on CO2...
Persistent link: https://www.econbiz.de/10012707672
This study evaluates whether the education, environmental expertise, and nationality of firms' chief executive officers (CEOs) are associated with greater participation and environmental performance in a voluntary environmental program implemented in a developing nation. Specifically, we...
Persistent link: https://www.econbiz.de/10012754307
This paper presents a method for evaluation of investments in decentralized renewable power generation under price uncertainty. The analysis is applicable for a building owner with an electricity load and a renewable resource that can be utilized for power generation. The owner of the building...
Persistent link: https://www.econbiz.de/10012755543
The adverse ecological conditions at the lignite mines of Ptolemaida make the landscape reclamation difficult. The naturally established vegetation and soil properties were studied prior to reclamation. Various forest species were planted to assess the afforestation potential. The natural...
Persistent link: https://www.econbiz.de/10010990977
The development of tourism in general besides the anthropogenic factors have important natural features expressed through all their features, and one of them is the climate. When we talk about tourism in rural areas as an alternative form of tourism, we have to look at the climate...
Persistent link: https://www.econbiz.de/10010991596