Contingent valuation versus choice experiments: Estimating the benefits of environmentally sensitive areas in Scotland

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Hanley, Nick; MacMillan, Douglas C.; Wright, Robert E.; Bullock, Craig; Simpson, Ian; Parsisson, Dave; Crabtree, Bob;

This paper reports results from a study of the economic value of the conservation benefits of Environmentally Sensitive Areas (ESAs) in Scotland. The main novelty of the approach taken is in comparing two direct valuation methods, namely contingent valuation and choice ... View more
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