Identifying Individual Discount Rates and Valuing Public Open Space with Stated-Preference Models
An individuals rate-of-time-preference is an important consideration for individuals deciding whether to support a public good, since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time fr...
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Veröffentlicht in: | Land economics 2008-05, Vol.84 (2), p.209-224 |
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Format: | Artikel |
Sprache: | eng |
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