search query: @indexterm Contingent valuation / total: 60
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| Author: | Thomas, R.H. Blakemore, F.B. |
| Title: | Elements of a cost-benefit analysis for improving salmonid spawning habitat in the River wye |
| Journal: | Journal of Environmental Management
2007 : VOL. 82:4, p. 471-480 |
| Index terms: | contingent valuation cost benefit analysis |
| Freeterms: | willingness to pay |
| Language: | eng |
| Abstract: | Contingent valuation methods were used to derive an economic value for salmonid spawning habitat restoration. Anglers' willingness to pay for such restoration and farmers' willingness to accept compensation for lost productivity due to the restoration were investigated. The elements were combined with the Wye Habitat Improvement Project (WHIP) budget into a cost-benefit analysis (CBA) based upon direct use values only. It was found that anglers on the Wye value habitat/scenery in its own right and that this played an important part in the activity. Farmers' agreement regarding involvement in such projects was more likely to be determined by their political and ethical views that receiving an economic compensation. |
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