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Wetland Valuation: A Review of Theoretical and Empirical Issues

Publication Type : Journal Article

Publisher : Amrita School of Business

Source : Amrita School of Business (2012)

Keywords : Contingent valuation, Hedonic pricing, Production function approach, Travel cost, Wetland value

Campus : Bengaluru

School : School of Economics, School of Business

Department : Department of Economics

Verified : No

Year : 2012

Abstract : Abstract Valuation of wetland has always remained a challenge for the empirical, environmental and ecological economists. Major difficulty confronted in the valuation process is the involvement of non-market variables in these ecosystems. These ecosystems provide a large number of services and goods to the society at large, and therefore valuation of the gains from the system are most needed. In that case the methods of valuation have to be indirect, based on choices and preferences revealed by the stakeholders.

Cite this Research Publication : Dr. Amalendu Jyotishi, “Wetland Valuation: A Review of Theoretical and Empirical Issues”, Amrita School of Business, 2012.

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