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A New Approach To Contingent Valuation For Assessing The Costs Of Living With Wildlife In Developing Countries

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  • Sutton, William R.
  • Larson, Douglas M.
  • Jarvis, Lovell S.

Abstract

This paper describes the first use of a methodology based on a utility-theoretic behavioral model to simultaneously estimate a household's WTP for a non-market good in both money and a non-monetary numeraire good. WTP by subsistence farmers in Namibia for deterrents to wildlife attacks on crops and livestock is estimated.

Suggested Citation

  • Sutton, William R. & Larson, Douglas M. & Jarvis, Lovell S., 2002. "A New Approach To Contingent Valuation For Assessing The Costs Of Living With Wildlife In Developing Countries," 2002 Annual meeting, July 28-31, Long Beach, CA 19848, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19848
    DOI: 10.22004/ag.econ.19848
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    References listed on IDEAS

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    2. Jacobsen, Kim S. & Sandorf, Erlend Dancke & Loveridge, Andrew J. & Dickman, Amy J. & Johnson, Paul J. & Mourato, Susana & Contu, Davide & Macdonald, David W., 2022. "What is a lion worth to local people – Quantifying of the costs of living alongside a top predator," Ecological Economics, Elsevier, vol. 198(C).

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