1. Cultural heritage problems share many characteristics with problems encountered in environmental economics. Many of the services provided may not enter markets, or do so only indirectly and imperfectly. And many benefits are wholly intangible. Moreover, the nature of the benefits provided by cultural heritage sites is conceptually very similar to those provided by, for example, national park...

This paper shows how reported recreation values can be systematically underestimated when they are derived from price coefficients. Simulations show that these publication selection biases can be very large. Because selected price coefficients are transformed into estimates of value, conventional meta-analytic methods used to deal with publication selection will often make the bias worse. Simul...

The paper tests ‘twoalternative specifications for the opportunity cost of time in travel cost models. The standard travel cost survey design is enriched to include a contingent valuation type question about peoples’ willingness to accept compensation to forgo a precisely defined recreational experience. It is hypothesized that individually revealed value of time more appropriately reflects the...

Balance is hypothesized to be important in alpine skiing, while it is known that balance depends on anthropometric indices. The aim of this investigation was to explore the association between balance, anthropometrics and skiing-results over two competitive seasons among youth alpine-skiers. Eighty-one skiers (40 females) participated in this study. The participants were tested twice over two c...

The values of goods and services provided by natural and constructed wetlands are examined through a meta-analysis of 418 observations of the economic value of 186 wetlands. Water quality improvement, non-consumptive recreation, and provision of natural habitat and biodiversity turn out to be highly valued services. Substitution effects are observed through the negative correlation between valu...

This paper discusses the concept o f economic value in relation to the appraisal of marine environmental resources. The difficulties of placing monetary values on environmental goods and services for which there is no market are briefly reviewed. A case study is presented which uses contingent valuation to estimate the user value associated with a recreational beach. The paper concludes that ec...