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An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time...
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An individual’s rate-of-time-preference is an important consideration for individuals deciding whether to support a public good, since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the...
Persistent link: https://www.econbiz.de/10005583191
Public open spaces around and within urban areas have been increasingly developed due to greater population pressures. My paper investigates if land around public open spaces is likely to get developed faster since households are attracted to the recreation value as well as the environmental...
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