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irreversibility 1 non-use value 1 option value 1 uncertainty about preferences 1 unique environmental asset 1
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Beltratti, Andrea 1 Chichilnisky, Graciela 1 Heal, Geoffrey 1
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Option and Non-Use Values of Environmental Assets
Beltratti, Andrea; Chichilnisky, Graciela; Heal, Geoffrey - 1992
It is widely recognized that the value of environmental assets such as biodiversity, unique locations and the atmosphere may be hard to quantify. In particular, option values, quasi-option values and non-use values have been the subject of extensive discussion. We propose here an evaluation of...
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