A NEW APPROACH TO CONTINGENT VALUATION FOR ASSESSING THE COSTS OF LIVING WITH WILDLIFE IN DEVELOPING COUNTRIES
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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.