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Keywords: Public bad
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2004) 10 (2): 61–74.
Published: 14 September 2004
... approach to estimate a net willingness to pay (WTP of gainers minus WTA of losers) for a non-rejectable mixed public-good/public-bad. We illustrate the models using data on valuation of prescribed burning of underbrush in forests, which reduces the risk of catastrophic wildfires but produces smoke...
