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| Author: | Rensburg, T.M. van |
| Title: | Preferences and multiple use forest management |
| Journal: | Ecological Economics
2002 : DEC, VOL. 43:2/3, p. 231-244 |
| Index terms: | PAY PREFERENCES FOREST ECONOMICS ECOLOGY |
| Language: | eng |
| Abstract: | This paper offers evidence relevant to the debate regarding the use of stated willingness-to-pay as a guide to public preferences about environmental management, and the possibility that individuals have distinct preferences according to whether a consumer or a citizen viewpoint is adopted. Multiple-use forest management requires some means of comparing market and non- market forest outputs. With this in mind, attempts are found in the economics literature to reveal public preferences for non-market forest outputs in terms of willingness-to-pay using contingent valuation studies. On the other hand, it has also been argued in the literature that estimated willingness-to-pay is not an appropriate or reliable way to capture public preferences. |
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