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The Value Of The View: Valuing Scenic Quality Using Choice And Contingent Valuation Models

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  • Mathews, Leah Greden
  • Kask, Susan B.
  • Stewart, Steve

Abstract

Scenic beauty contributes to residents' quality of life and also serves to attract visitors to recreational areas. Because of the dynamic relationship between people, land, and rural development, there is an increasing interest in estimating the value of scenic quality using nonmarket valuation techniques. This study estimates the value of scenic quality to Blue Ridge Parkway visitors using choice and contingent valuation models. Results suggest that further research into respondent perceptions of CM and CVM models, and the conditions under which they yield comparable estimates, is warranted.

Suggested Citation

  • Mathews, Leah Greden & Kask, Susan B. & Stewart, Steve, 2004. "The Value Of The View: Valuing Scenic Quality Using Choice And Contingent Valuation Models," 2004 Annual meeting, August 1-4, Denver, CO 20049, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20049
    DOI: 10.22004/ag.econ.20049
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    References listed on IDEAS

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    Cited by:

    1. Patrick Lloyd-Smith & Ewa Zawojska & Wiktor Adamowicz, 2020. "Moving beyond the Contingent Valuation versus Choice Experiment Debate: Presentation Effects in Stated Preference," Land Economics, University of Wisconsin Press, vol. 96(1), pages 1-24.

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