Contingent Valuation (CV) is one of the most used methods for environmental resources evaluation, within cost benefit analysis. Here, CV is used to estimate boating demand function of an important wetland in Italy: the Venice lagoon. Demand functions have been utilised to assess the consequences...

The paper proposes an approach for evaluating the effect of flow fixed costs on the evaluation of environmental benefits with travel cost method. On a full annual perspective when recreational users incur relevant annual direct fixed expenses, their behaviour could be influenced by them. The...

The paper proposes a ‘component-based’ approach to guide the choice of the social discount rate in natural resources damage assessment, where time and discounting are key features. It is a multi-rate discounting scheme, which draws on concepts from dual-rate and time-declining approaches....