The premise of the rationality of consumers is examined in this paper, by analyzing responses to a study regarding outdoor recreation. On-site surveys were performed in parks in the Upper Galilee area in the north of Israel. We inquired about the willingness to pay (WTP) entrance fee to a planned park, the Hula Project. The mean value, NIS 30, is much higher than entrance fee to existing parks ...

This paper covers nonmarket services provided by farmers for recreational purposes in several Central European regions. A regionally specified general equilibrium model is used to derive the efficiency conditions for a competitive equilibrium to guarantee a Pareto optimal outcome. Moreover, we present green agricultural compensation programmes in Europe and their assessment from an economic per...

According to Champ et al. (1997), we have to differentiate between willingness to pay (WTP) and willingness to donate (WTD) in eliciting individual preferences for public goods. Because strong incentives exist to understate the willingness to spend on the public good and to freeride on other people’s contributions, WTP forms the upper limit for WTD. This paper presents an experimental study on ...

We design and conduct a stated-preference survey to test whether willingness to pay (WTP) to reduce risk of acute illness is proportional to the corresponding change in expected qualityadjusted life years (QALYs). For the short-term illnesses we consider, proportionality is required by economic theory if QALYs measure utility for health. Proportionality implies a constant WTP per QALY and that ...

health and safety are important factors in today’s life. most of studies show that consuming the chicken that has anti biotic caused different diseases like digestive vessel cancer. attention to controlled use of antibiotics can play a key role in society health which considered in the production of green chicken. planning for increasing the production of mentioned chicken needs the investigati...

In this paper we employ a stated preference environmental valuation technique, namely the choice experiment method, to estimate local public's willingness to pay (WTP) for improvements in the capacity and technology of a sewage treatment plant (STP) in Chandernagore municipality, located on the banks of the River Ganga in India. A pilot choice experiment study is administered to 150 randomly se...

Waste is a byproduct of human life. Nowadays, municipal solid waste is being produced in excessive amounts and in this way, both developing and developed countries are facing challenges regarding generation of waste. Economic development, urbanization and improved living standards in cities have contributed to increase in the amount and complexity of solid waste produced. The present stud...

Economic valuation of water is useful in the administration and management of water. Population growth and urbanization caused municipal water demand increase in Iran. Limited water resource supply and urban water network capacity raised complexity in water resources management. Present condition suggests using economic value of water as a criterion for allocating policies and feasibility study...