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Current non-market valuation techniques have been developed based on assumptions about values held within the Eurocentred culture. Contentions between cultures over natural resources are hypothesized to occur because of differences in held values resulting in different values being assigned to...
Persistent link: https://www.econbiz.de/10005469355
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We used the open-ended contingent valuation method to elicit willingnes to pay (WTP) for day visitors and extended visitors on the Ocala National Forest (ONF), Florida. A Tobit model specification was applied to account for the issues involved with censored WTP bids. The results reveal that...
Persistent link: https://www.econbiz.de/10005802672
A taxonomy for describing property rights to natural resources is described and applied in a Zimbabwean case study. The taxonomy allows: tenures to be systematically compared and contrasted; incentives for natural resource management to be identified; and the evolution of tenure to natural resources...
Persistent link: https://www.econbiz.de/10005038695
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Hypothetical bias arises when values which people say they place on a good or service differ systematicallyfrom the values people reveal for the same good or service through actual, binding economictransactions. Studies of hypothetical bias with respect to public goods often use charitable...
Persistent link: https://www.econbiz.de/10009444712
Despite considerable interest in the potential for forests to sequester carbon, the impact of carbon management on the provision of timber and non-timber resources has received relatively little attention in the literature. The introduction of value for stored carbon may result in modifications...
Persistent link: https://www.econbiz.de/10009444912
The travel cost model is the standard model used in the recreation demand literature. This model assumes that the decision on the number of trips to a particular site in a given period (a season, for example) is determined at the beginning of the period. For certain types of recreation activity,...
Persistent link: https://www.econbiz.de/10009444921