Landscape Amenities: Economic Assessment of Agricultural by Isabel Vanslembrouck

By Isabel Vanslembrouck

This publication maps issues of universal figuring out and cooperation within the interpretation of landscapes. those interfaces seem among cultures, among average and human sciences, lay humans and specialists, time and area, renovation and use, ecology and semiosis. The ebook compares how diverse cultures interpret landscapes, examines how cultural values are assessed, explores new instruments for review, strains the dialogue approximately panorama authenticity, and eventually attracts views for extra study.

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Extra resources for Landscape Amenities: Economic Assessment of Agricultural Landscapes (Landscape Series, Vol. 2)

Sample text

Some people are willing to pay a serious amount of money for improvements in the quality of life. Some are willing to accept a lower level of amenities if compensated with real money: some people would actually move to a less attractive location if promised a large enough payment (Randall, 2002). 1. Depending on the consumer's property right position vis-à-vis the good in question, each of the four welfare measures may involve either payment or compensation in order to maintain utility at a specified level (Mitchell and Carson, 1989).

Maximisation of joint products It is thus necessary to look more closely at the efficient solution, which maximises joint or combined profits. 12b results in 15 Pareto-efficiency is named after the nineteenth-century economist and sociologist Vilfredo Pareto (1848-1923) who was one of the first to examine the implications of this idea: "an economic situation is Pareto-efficient if there is no way to make some group of people better off without making some other group of people worse off". 16 I.

Some are willing to accept a lower level of amenities if compensated with real money: some people would actually move to a less attractive location if promised a large enough payment (Randall, 2002). 1. Depending on the consumer's property right position vis-à-vis the good in question, each of the four welfare measures may involve either payment or compensation in order to maintain utility at a specified level (Mitchell and Carson, 1989). In general, WTA is equal or bigger than WTP in absolute value.

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