If everyone in your country responded to a survey about the white- crowned pigeon by stating the
Question:
If everyone in your country responded to a survey about the white- crowned pigeon by stating the same willingness to pay that you did, what is the CVM valuation of the white-crowned pigeon? What components of value would this estimate omit?
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Contingent Valuation Method CVM involves surveying individuals to elicit their willingness to pay WTP for a particular environmental good or service I...View the full answer
Answered By
Douglas Makokha
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Related Book For 
Environmental Economics And Natural Resource Management
ISBN: 9780415640954
4th Edition
Authors: David A. Anderson
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