In a survey of UK consumers, we elicited their willingness-to-accept (WTA) a discount for GM foods and willingness-to-pay (WTP) a premium for non-GM foods in order to assess their valuation of the non-GM characteristic in food products. Mean WTA exceeds mean WTP, a finding that suggests the...

The methodology used for Economic Valuation of the Externalities generated by the Watershead Restoration and Erosion Control Projects in the Hydrographic Basins of the Mediterranean Slope, is based on the Replacement Cost Method. Environmental Economics, however, today offer us other...

This paper analyzes the links between agriculture and tourism. A contingent valuation study assesses tourist's willingness to pay (WTP) for agro-tourism and agriculture's positive environmental services and related positive externalities. The paper analyzes factors influencing tourist...

The ‘Expert Committee on Built Heritage’ marks an important step as the first official acknowledgement of the need to preserve heritage buildings and sites in Calcutta. However, it neglects the question of economic viability of preservation programmes. One reason for this is incomplete...

Background: In order to allocate health care resources more efficiently it is necessary to relate health improvements provided by new medicines with their cost. It is necessary to ascertain when the additional cost of introducing a new health technology is justified by the additional health gain...

Several New Zealand studies have placed a value on recreation. Very few have placed a value on native birdlife. In December 2007 and January 2008, we conducted a phone survey in the Waikato Region of New Zealand. 207 people answered 13 questions on native birds. 97% of respondents enjoy having...

This study presents an economic valuation of health risks of pesticides among Nicaraguan vegetable farmers. A comprehensive valuation of market and non-market value components of human health is established through farmers? willingness to pay (WTP) for low toxicity pesticides. Results show, that...

Examines empirically the relative influence of the degree of endangerment of wildlife species and their stated likeability on individuals’ willingness to pay (WTP) for their conservation. To do this, it utilises data obtained from the IUCN Red List and likeability and WTP data obtained from...