Ando, Amy Whritenour; Shah, Payal - Agricultural and Applied Economics Association - AAEA - 2009
distance (e.g. Loomis 2000) – a phenomenon we refer to as “spatial value decay”. This paper begins a new strand of the … using a reserve design approach that considers demand-side factors is large. Finally, we find that spatial value decay …. When spatial value decay is present because people are simply unaware of environmental resources farther away from where …