In this paper we present a novel methodology to determine the annual value of recreational visit flows to different habitat types in Great Britain. We combine different empirical models to predict the spatial distributions of recreational value across Great Britain. The models use a combination...

Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily substitutable with manufactured goods and often exhibit...