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In contingent valuation, despite the fact that many externalities manifest themselves as costs to some and benefits to others, most studies restrict willingness to pay to being non-negative. In this paper, we investigate the impact of allowing for negative, zero and positive preferences for...
Persistent link: https://www.econbiz.de/10005368963
This study shows how data from very different disciplines can be combined to address questions relevant to contemporary conservation and understanding. This novel, interdisciplinary approach provides new insights into the role of economic factors as a driver of biodiversity loss in the uplands....
Persistent link: https://www.econbiz.de/10005748776
In this paper, we investigate whether people's knowledge of the past influences their preferences and values towards future landscape change. "Knowledge of the past" is one aspect of the information set held by individuals, and a well-established finding in economics is that changes in...
Persistent link: https://www.econbiz.de/10005748780
This paper presents an econometric analysis of the relationship between economic and environmental factors and biodiversity change in Scotland over the period 1600-2000. Our main hypothesis is that economic development, as captured by changes in prices, technological improvements and management...
Persistent link: https://www.econbiz.de/10012726398
This paper presents a new approach for understanding the effects of economic factors on biodiversity change over the long run. We illustrate this approach by studying the determinants of biodiversity change in upland Scotland from 1600 to 2000. The measure of biodiversity used is a proxy for...
Persistent link: https://www.econbiz.de/10005294208
"In contingent valuation, despite the fact that many externalities manifest themselves as costs to some and benefits to others, most studies restrict willingness to pay to being non-negative. In this paper, we investigate the impact of allowing for negative, zero and positive preferences for...
Persistent link: https://www.econbiz.de/10005305583
Persistent link: https://www.econbiz.de/10008180162