2013
DOI: 10.1080/10402381.2013.767866
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Public demand for remediating a local ecosystem: comparing WTP and WTA at Hongze Lake, China

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Cited by 8 publications
(11 citation statements)
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References 31 publications
(27 reference statements)
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“…As is in the cases of China (Huang et al 2013) and Japan (Zhai & Suzuki 2009) Based on this statement, and many other similar declarations with respect to the role of the natural environment in the past and the continued importance and support thereof in the future, we embarked on estimating the economic value of Abu Dhabi's coastal amenity values to its beach visitors using both a WTA compensation for a deterioration in quality of coastal amenity values, and a WTP to contribute to a hypothetical restoration fund to avoid a loss in these amenity values (see also Barr & Mourato (2009)), but focussing on the former.…”
Section: Contingent Valuationmentioning
confidence: 88%
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“…As is in the cases of China (Huang et al 2013) and Japan (Zhai & Suzuki 2009) Based on this statement, and many other similar declarations with respect to the role of the natural environment in the past and the continued importance and support thereof in the future, we embarked on estimating the economic value of Abu Dhabi's coastal amenity values to its beach visitors using both a WTA compensation for a deterioration in quality of coastal amenity values, and a WTP to contribute to a hypothetical restoration fund to avoid a loss in these amenity values (see also Barr & Mourato (2009)), but focussing on the former.…”
Section: Contingent Valuationmentioning
confidence: 88%
“…As discussed by Huang et al (2013), and Zhai and Suzuki (2009), the WTA and WTP estimates of the same study and/or scenario should, according to neo-classical economics, render the same value. In practice, however, that is never the case (Ebert 2013, Flachaire et al 2013, Tuncel & Hammit 2014, Zhao & Kling 2004.…”
Section: Contingent Valuationmentioning
confidence: 99%
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