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Landscapes represent the dynamic interaction of natural and cultural processes acting on the environment. Increasingly human impacts are dominating the natural processes resulting in landscape change and habitat loss. Due to the public good nature of landscapes, no market price exists to...
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We extend the contingent valuation (CV) method to test three differing conceptions of individuals' preferences as either (i) a-priori well-formed or readily divined and revealed through a single dichotomous choice question (as per the NOAA CV guidelines [K. Arrow, R. Solow, P.R. Portney, E.E....
Persistent link: https://www.econbiz.de/10005239560