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Planning frequently fails to include the valuation of public goods, such as scenic beauty. This can lead to negative economic impacts for a region over the longer term. Especially in mountainous regions such as the Alps in central Europe, which depend on tourist income, the change of landscape...
Persistent link: https://www.econbiz.de/10005456104
Forests provide a variety of ecosystem goods and services to society, which often have the typical characteristics of a public good: non-excludability and non-rivalry. One of these services is avalanche protection of forests. A monetary valuation of this service would be helpful to provide...
Persistent link: https://www.econbiz.de/10011048035
Forests provide a variety of ecosystem goods and services to society, which often have the typical characteristics of a public good: non-excludability and non-rivalry. One of these services is avalanche protection of forests. A monetary valuation of this service would be helpful to provide...
Persistent link: https://www.econbiz.de/10011048061