The contingent valuation method (CVM) is a simple, flexible nonmarket valuation method
that is widely used in cost–benefit analysis and environmental impact assessment. However …

Hypothetical bias arises in stated preference valuation studies when respondents report a
willingness to pay (WTP) that exceeds what they actually pay using their own money in …

Economists and others have long believed that by balancing the costs of such public goods
as air quality and wilderness areas against their benefits, informed policy choices can be …

How can countries safeguard natural resources for future generations as they strive to
reduce poverty with economic growthNULL Environmental Economics and Sustainable …

Value estimates for environmental goods can be obtained by either estimating preference
parameters as “revealed” through behavior related to some aspect of the amenity or using …

The Korean national parks authority has questioned whether natural resources have
enough economic value to justify an increase in admission fee in the case of inadequate …

This paper identifies and defines ecosystem goods and services provided by marine
biodiversity. Case studies have been used to provide an insight into the practical issues …

This paper critically evaluates the notion and application of economic, monetary valuation of
biological diversity, or biodiversity. For this purpose four levels of diversity are considered …

Recently, government agencies, acting as trustees for natural resources, have sought
substantial claims from potentially responsible parties for natural resource damages …

Forest ecosystems are being degraded and lost because of rapid population change and
economic incentives that make forest conversion appear more profitable than forest …