Valuing Option, Existence, and Bequest Demands for Wilderness
Land EconomicsPublished 1 February 1984
Richard Walsh, John B. Loomis, Richard A. Gillman
Citations391
SJR quartileQ2
SJR score0.69
SNIP0.67
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Abstract
To assess the relative importance of current costs and future benefits of nuclear waste storage, we develop a simple model of bequest value. The basic model of nonparternalistic altruism is extended to account for the uncertain nature of the externality. ...
Keywords
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