Authors:
Allen, B.P. and J.B. Loomis
Publication Date:
2006
Abstract/Summary:
We describe a method that combines economic willingness-to-pay estimates for higher trophic-level species with basic information available about ecosystem relationships to derive estimates of partial willingness-to-pay for lower level species that might be of direct policy interest. This method is intended as a quasi-benefit transfer method for use in benefit–cost analysis. Our method makes it possible to establish partial willingness-to-pay estimates for the large number of species of immediate or potential policy interest using only data available in non-market valuation and biology and ecology literature.
Resource Type:
Peer-reviewed Article
Source:
Ecological Economics
Link:
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.618.3660&rep=rep1&type=pdf