DISTRIBUTIONAL ISSUES AND NONMARKET BENEFIT MEASUREMENT
| dc.creator | Bockstael, Nancy E. | |
| dc.creator | Strand, Ivar E., Jr. | |
| dc.date | 2017-04-01T13:44:47Z | |
| dc.date.accessioned | 2026-07-09T04:16:36Z | |
| dc.description | The use of willingness to pay as a welfare criteria has several inherent weaknesses. Its potential for causing inequitable redistribution of income as well as ambiguity in project evaluation is explored. An empirical example is offered in a natural resource context. A travel cost model which includes both time and money costs is used for valuation and produces ambiguous results. | |
| dc.identifier | doi:10.22004/ag.econ.32323 | |
| dc.identifier | https://ageconsearch.umn.edu/record/32323/files/10020162.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/32323 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/547490 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/32323 | |
| dc.title | DISTRIBUTIONAL ISSUES AND NONMARKET BENEFIT MEASUREMENT | |
| dc.type | Text |