Autor:	Etienne Bienvenu Akono
Rok vydání:	2013
Předmět:	Microeconomics Government Willingness to pay Public economics Economics Environmental preservation Context (language use)
Zdroj:	Environmental Management and Sustainable Development. 2
ISSN:	2164-7682
DOI:	10.5296/emsd.v2i2.3680
Popis:	The purpose of this article is to analyze the government’s choice between preservation and irreversible development when there is a willingness to pay for retaining the option to use the environmental site. Extending the model used by & , I show that in the context of uncertainty about future benefits, the government would choose to preserve the land when there is an option demand to refrain from using it.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::9e04d6cb203fe5e5930b2df2e6aa2dfe https://doi.org/10.5296/emsd.v2i2.3680 Zobrazit plný text záznamu