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Valuing Option, Existence, and Bequest Demands for Wilderness

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Author Info

  • Richard G. Walsh
  • John B. Loomis
  • Richard A. Gillman

Abstract

To assess the relative importance of current costs and future benefits of nuclear waste storage, we develop a simple model of bequest value. The basic model of nonparternalistic altruism is extended to account for the uncertain nature of the externality. ...

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 59 (1983)
Issue (Month): 4 ()
Pages: 14-29

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Handle: RePEc:uwp:landec:v:59:y:1983:i:4:p:14-29

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Web page: http://le.uwpress.org/

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Citations

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography for Economics:
  1. > Environmental and Natural Resource Economics > Environmental Economics > Valuation > Contingent valuation method > Passive use values
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Cited by:
  1. Rose, Steven K. & Chapman, Duane, 2003. "Timber harvest adjacency economies, hunting, species protection, and old growth value: seeking the dynamic optimum," Ecological Economics, Elsevier, vol. 44(2-3), pages 325-344, March.
  2. Tisdell, Clement A. & Wilson, Clevo & Swarna Nantha, Hemanath, 2004. "Dynamic Processes in Contingent Valuation: A Case Study Involving the Mahogany Glider," Economics, Ecology and Environment Working Papers 51414, University of Queensland, School of Economics.
  3. John, Kun H. & Youn, Yeo C. & Shin, Joon H., 2003. "Resolving conflicting ecological and economic interests in the Korean DMZ: a valuation based approach," Ecological Economics, Elsevier, vol. 46(1), pages 173-179, August.
  4. Bennett, Jeffrey W., 1999. "A Threshold Value Analysis Of Proposed Forest Reserves," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 123768, Australian Agricultural and Resource Economics Society.
  5. Willmarth, Blake & Turner, Robert, 2010. "Respondent Consistency in a Tournament-Style Contingent Choice Survey," Working Papers 2010-05, Department of Economics, Colgate University.
  6. Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier.
  7. Rolfe, John & Windle, Jill, 2005. "Valuing options for reserve water in the Fitzroy Basin," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(1), March.
  8. Ojea, Elena & Loureiro, Maria L., 2011. "Identifying the scope effect on a meta-analysis of biodiversity valuation studies," Resource and Energy Economics, Elsevier, vol. 33(3), pages 706-724, September.
  9. Halkos, George, 2012. "Assessing the economic value of protecting artificial lakes," MPRA Paper 39557, University Library of Munich, Germany.
  10. Young, Ralph, 1991. "The Economic Significance of Environmental Resources: A Review of the Evidence," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(03), December.
  11. Nunes, Paulo A. L. D. & van den Bergh, Jeroen C. J. M., 2001. "Economic valuation of biodiversity: sense or nonsense?," Ecological Economics, Elsevier, vol. 39(2), pages 203-222, November.
  12. Kniivila, Matleena, 2006. "Users and non-users of conservation areas: Are there differences in WTP, motives and the validity of responses in CVM surveys?," Ecological Economics, Elsevier, vol. 59(4), pages 530-539, October.

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