2009
DOI: 10.1016/j.ecolecon.2008.09.002
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An econometric analysis of willingness-to-pay for sustainable development: A case study of the Volčji Potok landscape area

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Cited by 39 publications
(22 citation statements)
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“…Further, for example Garod and Willis (1999); Šálka et al (2008); Trice and Wood (1986) To prepare the questionnaire, publications and case studies by foreign researchers were used (Bateman et al 2002;Peyron et al 2002;Carson, Hanemann 2005;Verbič, Slabe-Erker 2009). These sources agree that no universal research methodology to determine the willingness of respondents to pay for ecosystem services exists.…”
Section: Methodsmentioning
confidence: 99%
“…Further, for example Garod and Willis (1999); Šálka et al (2008); Trice and Wood (1986) To prepare the questionnaire, publications and case studies by foreign researchers were used (Bateman et al 2002;Peyron et al 2002;Carson, Hanemann 2005;Verbič, Slabe-Erker 2009). These sources agree that no universal research methodology to determine the willingness of respondents to pay for ecosystem services exists.…”
Section: Methodsmentioning
confidence: 99%
“…We can see that such questions are ludicrous and whilst economists may ponder them, they really are impossible to adjudicate. Despite this, some economists persist in presenting us with a model of 'willingness to pay' (see, for example, Amigues et al 2002;Kronenberg and Winkler 2009;Longo et al 2008;Pate and Loomis 1997;Solomon and Johnson 2009;Verbic and Slabe-Erker 2009): that is, asking people what they would be willing to pay to enjoy a pollution-free beach (Baumgärtner et al 2009;Winkler 2006aWinkler , 2006b). While a discussion here is beyond the scope of this paper, there are some obvious limitations to this approach.…”
Section: What Is Value?mentioning
confidence: 99%
“…The estimates of those benefits are based on subjective preferences. Although economists have been criticized for putting a 'price tag' on nature, as Verbi and Slabe-Erker [13] state determining monetary values can be useful if they ensure that environmental impacts are given weight or concrete consideration in the decision-making process. In addition, if those non-market benefits of forests were not expressed in monetary terms in the evaluations, they might be omitted or even wrongly attributed to the other sectors of economy [14].…”
Section: Introductionmentioning
confidence: 99%