This paper uses a choice experiment to evaluate the benefits to trekkers of the natural environment and the provision of appropriate recreation experiences in the Uryu-numa Mire, northern Japan. The result, applying a conditional logit model, shows that restoration of the natural environment are...

The implementation of effective resource management policies critically depends on accurate estimates of the price elasticity of resource demand. In the case of groundwater, previous research estimating well-level groundwater demand has largely ignored the importance of well yield, which is a...