UNTYING A LANCASTRIAN BUNDLE: ECOSYSTEM VALUATION IN WETLAND MITIGATION

A utility-theoretic model indicates that mitigation prices for wetland ecosystems depend on preferences and technical knowledge. Empirical analysis found gaps in respondents' knowledge about such ecosystmes. Valuing wetland types requires dealing with respondents' possible misinformation, by developing tools for informing respondents or by combining service-based valuations with valid technical data.

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Year of publication:	2001
Authors:	Hoehn, John P. ; Lupi, Frank ; Kaplowitz, Michael D.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	2001 Annual meeting, August 5-8, Chicago, IL.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2001 Annual meeting, August 5-8, Chicago, IL Number 20467
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005339015