Table 2:

Variables in the simulated data.

DemandSatakuntaVarsinais-SuomiTotal
Adult residents, number157,728411,217568,945
Participation rate0.790.850.84
Participants, number124,740350,898475,638
Annual WTP/ ha/ participant (median)6.012.512.5
Annual WTP/ ha/ participant (mean)63.684.381.1
Total WTP based on median742,8994,353,7605,945,475
Total WTP based on mean7,868,66129,350,96038,569,487
Supply   
Forest owners, number3,8163,3847,200
Participation rate0.700.710.71
Participants, number2,6852,4055,090
Annual WTA/ha (median)250.0350.0250
Annual WTA/ha (mean)444.6491.1469.2
Total WTA (if one owner sells one hectare) (median)671,616842,1081,272,600
Total WTA (if one owner sells one hectare) (mean)1,194,3941,181,5862,388,528
Opportunity for trade   
Total WTP – total WTA (median)71,2833,511,6524,672,875
Total WTP – total WTA (mean)6,674,26728,169,37436,180,959
Hectares (total WTP/ WTA per ha, based on median)2,97212,43923,782
Hectares (total WTP/ WTA per ha, based on mean)17,69859,76682,199

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