Explain how you would undertake (i) a choice experiment and (ii) a travel-cost study of the benefits
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Explain how you would undertake (i) a choice experiment and (ii) a travel-cost study of the benefits of improved management of a national park. What information could such studies generate that would be useful for national park managers?
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i A Choice Experiment In a choice experiment for exploring improved management of a national park you begin by defining distinct changes within the pa...View the full answer
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Related Book For 
Introduction To Environmental Economics
ISBN: 9780199568734
2nd Edition
Authors: Nick Hanley, Jason Shogren, Ben White
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