Can the desire to converse our natural resources be self-defeating?
Article Abstract:
A stochastic model is considered where the resource has amenity value that always has the effect of reducing the rate of time preference. Paradoxically it is possible for amenity value to increase the rate of extraction.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2005
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Flexible mixture distribution modeling of dichotomous choice contingent valuation with heterogeneity
Article Abstract:
Bayesian analysis, which is used to examine the recreational value of Canary Islands, is presented.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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