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Keywords: Compensating variation
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2016) 25 (1): 130–148.
Published: 01 December 2016
... in an experiment with three alternatives plus status quo. We also find significant differences between two payment vehicles (increased trip expenditures and entrance fee) that are included simultaneously in the choice sets. We estimate aggregated recreation values using compensating variation and simulated...
