publication . Preprint . Part of book or chapter of book . 2013

A Choice Experiment for the Estimation of the Economic Value of the River Ecosystem: Management Policies for Sustaining NATURA (2000) species and the Coastal Environment

P. Koundouri; R. Scarpa; M. Stithou;
Open Access
  • Published: 24 Oct 2013
Abstract
The valuation method of Choice Experiments (CEs) is often used for the economic valuation of natural areas with several nonmarket features that are either degraded or under-degradation. This method can be used to obtain estimates of Willingness-to-Pay (WTP) for the sustainability of several features of natural ecosystems. In particular, the CE method is a survey-based nonmarket valuation technique which can be used to estimate the total economic value of an environmental good in the form of a stock or a service flow as well as the value of its component attributes. Particularly, the bundle of improvements that have been valued in the Asopos water catchment and p...
Subjects
free text keywords: Valuation (finance), Total economic value, Geography, Sustainability, Catchment area, Environmental resource management, business.industry, business, Environmental degradation, Environmental good, Nonmarket forces, Water Framework Directive
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publication . Preprint . Part of book or chapter of book . 2013

A Choice Experiment for the Estimation of the Economic Value of the River Ecosystem: Management Policies for Sustaining NATURA (2000) species and the Coastal Environment

P. Koundouri; R. Scarpa; M. Stithou;