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While issues in estimating nonmarket values continue to cause concern, resource economists have more reason now than ever before to be optimistic. More progress toward improved measurement has been made in the past six years than in the previous quarter century since development of the...
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This travel cost demand study included prices for closely related goods such as money and time costs of on-site time, on-site purchases, and other trip activities. A disequilibrium labor market model was estimated. The sample was mainly composed of persons who did not substitute earned income...
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The contingent valuation approach was applied to the problem of estimating the recreation benefits from alleviating congestion at Indian Peaks wilderness area, Colorado. A random sample of 126 individuals were interviewed while hiking and backpacking at the study site in 1979. The results...
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