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| Donoso,Guillermo; Cancino,José; Villar,Susana. |
| The contingent valuation method was employed to assess the benefts of recovering the Laguna Grande de San Pedro de La Paz in Chiles Bío-Bío region and to analyze the possible existence of an embedding effect. Our results indicate that there is not a perfect part-whole valuation effect and that there is an imperfect substitution relationship between the two analyzed projects. In addition, when assessing the joint construction project of a main sewer and a recreation park on the north hillside of the lagoon, we determined that households were willing to pay an average monthly amount of $6,114 for the associated beneft of the environmental improvement. This amount would contribute $ 358,977,396 per month to the project and a total value of $4,307,728,752.... |
| Tipo: Journal article |
Palavras-chave: Contingent valuation; Economic value; Embedding effect; Part-whole effect; Scope insensitivity. |
| Ano: 2010 |
URL: http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202010000100010 |
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