Scope for Valuation of Environmental Goods
IT IS FEASIBLE TO OBTAIN DIRECT APPROXIMATIONS OF VALUES OF ENVIRONMENTAL GOODS IN A CONTROLLED, SIMULATED MARKET EXPERIMENT. AN EXPERIMENT AT OREGON STATE UNIVERSITY WAS CONDUCTED TO DETERMINE TRADE-OFF VALUES FOR SIX VARIABLES - NATURAL SURROUNDINGS, VARIOUS TYPES OF NOISES, RECREATION PARK FACILI...
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Veröffentlicht in: | Land economics 1974-02, Vol.50 (1), p.89-92 |
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container_title | Land economics |
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creator | Pendse, Dilip Wyckoff, J. B. |
description | IT IS FEASIBLE TO OBTAIN DIRECT APPROXIMATIONS OF VALUES OF ENVIRONMENTAL GOODS IN A CONTROLLED, SIMULATED MARKET EXPERIMENT. AN EXPERIMENT AT OREGON STATE UNIVERSITY WAS CONDUCTED TO DETERMINE TRADE-OFF VALUES FOR SIX VARIABLES - NATURAL SURROUNDINGS, VARIOUS TYPES OF NOISES, RECREATION PARK FACILITIES, VEHICULAR TRAFFIC, TRAVEL TIME TO WORK AND PARKING CONVENIENCE. THESE VARIABLES WERE CHOSEN ON THE BASIS OF ENVIRONMENTAL CONDITIONS AND THE COMMUNITY INTEREST AT OSU. IT WAS CONCLUDED THAT INCOME LEVEL NOT ONLY INFLUENCES THE CHOICE PATTERNS, BUT ALSO THE VALUE OF ONE VARIABLE RELATIVE TO ANOTHER. WITH INCREASING INCOME, TIME OR CONVENIENCE FACTORS BECAME LESS ATTRACTIVE AND BEAUTY OR SERENITY BECAME MORE ATTRACTIVE. |
doi_str_mv | 10.2307/3145231 |
format | Article |
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B.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Scope for Valuation of Environmental Goods</atitle><jtitle>Land economics</jtitle><date>1974-02-01</date><risdate>1974</risdate><volume>50</volume><issue>1</issue><spage>89</spage><epage>92</epage><pages>89-92</pages><issn>0023-7639</issn><eissn>1543-8325</eissn><coden>LAECAD</coden><abstract>IT IS FEASIBLE TO OBTAIN DIRECT APPROXIMATIONS OF VALUES OF ENVIRONMENTAL GOODS IN A CONTROLLED, SIMULATED MARKET EXPERIMENT. AN EXPERIMENT AT OREGON STATE UNIVERSITY WAS CONDUCTED TO DETERMINE TRADE-OFF VALUES FOR SIX VARIABLES - NATURAL SURROUNDINGS, VARIOUS TYPES OF NOISES, RECREATION PARK FACILITIES, VEHICULAR TRAFFIC, TRAVEL TIME TO WORK AND PARKING CONVENIENCE. THESE VARIABLES WERE CHOSEN ON THE BASIS OF ENVIRONMENTAL CONDITIONS AND THE COMMUNITY INTEREST AT OSU. IT WAS CONCLUDED THAT INCOME LEVEL NOT ONLY INFLUENCES THE CHOICE PATTERNS, BUT ALSO THE VALUE OF ONE VARIABLE RELATIVE TO ANOTHER. WITH INCREASING INCOME, TIME OR CONVENIENCE FACTORS BECAME LESS ATTRACTIVE AND BEAUTY OR SERENITY BECAME MORE ATTRACTIVE.</abstract><cop>Chicago</cop><pub>University of Wisconsin Press</pub><doi>10.2307/3145231</doi><tpages>4</tpages></addata></record> |
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source | Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
subjects | Budget allocation Communities Economic research Economic value Financial budgets Land economics Motor vehicle traffic Noise barriers Parking facilities Reports and Comments Studies Travel time Variable budgets |
title | Scope for Valuation of Environmental Goods |
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