Contingent valuation has been used to elicit values
for changes in the quantity and quality of nonmarket
amenities. Yet hypothetically trading dollars for
environmental improvements is not a familiar activity for
most survey respondents. A variety of response effects
associated with survey collected data can potentially lead
to biased contingent...
Public open spaces provide many benefits to individuals and society. Many of the services they provide; such as recreation, enjoyment of nature, and improving water quality; are non-exclusive and nonrival in consumption. The "public good" nature of open space services inhibits the formation of a market for open space areas....