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Kuala Selangor nature park

  • Category: Environment
  • Subcategory: Nature
  • Pages: 1
  • Words: 577
  • Published: 28 April 2018
  • Downloads: 270
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As(McConnell, 1985) stated that the willingness to pay (WTP) is the amount of money someone is willing to pay and to enjoy their leisure facilities. It measures whether people are willing to pay their income to get more goods and services, and is typically used for non-market goods. The following factors may affect WTP for parks are age, education level, and income; fulfillment of hope; and the existence of alternative park and recreational sites. (Lindberg, 1998) stated that expressed its willingness to pay and the reasons provided for the willingness to pay (WTP) questions ‘principle payments’ are used to see in advance if respondents are basically in favor of paying at least some of the park’s total. They were not in favor of any amount required to justify their answers to comply with one or more of the five reasons given. The reasons involve expenses (‘I have to pay everywhere’; ‘Zakynthos too expensive’). According to Elsevier B, V, (2006) was asked to state the amount of money they will pay. They were then asked to state their reasons for their answers, comply with one or more of five predefined reasons. The reasons that refer to both the use of such limits the number of visitors and the use of leisure real) and the non-use (existence, choice, and value of the request).

Dueto Mitchell & Carson, (1989), stated that the statement of the existence value of biodiversity, although intangible is often realized in the form of donation towards the conservation of biodiversity. Its magnitude can also be seen in terms of willingness to pay (WTP) by the way, the survey method preferences such as contingent valuation. The observed difference has at least two possible meanings which the first are it can be interpreted as a sign of weakness of survey methods such as contingent valuation. Under this interpretation, this method does not measure priority because respondents did not answer the question each time with neoclassical priority. The weak version of this interpretation is the willingness to pay questions measure a priority but is not willing to accept questions.

However, as a result, with their emphasis on the effects of income, it will help in developing alternative modes of explanation and, as the income effect is most economic models such options under uncertain. The present study recognizes them, and practicing techniques either to avoid or then minimize them. The authors pay particular attention to the tendency of hypotheses, biased starting point, the impact of supply and the overall bias part indicated by Navrud & Magatama, 1994. Thus, the 5-year commitment period of payment also encourages and resolutely dedicated only to accept the offer of settlement. In addition, to reduce the effect of warm light from beyond the willingness to pay (WTP), schedule an interview and the interviewer makes clear that it does not matter if the respondent chooses not to accept the offer. Multiple dis offers, followed by open-ended questions used to maximize maximum WTP information. This method is efficient in terms of the information collected. At the same time, it does not reduce the number of higher WTP that people are willing to pay.

AccordingVentakatachalam, (2004), he argued that the hypothetical scenarios presented to respondents stating the maximum amount of money they receive to compensate for the change (WTA). Estimated WTP or WTA can show the value of environmental goods or services, as an input to the analysis of costs – especially for public projects.

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GradesFixer. (2018, April, 28) Kuala Selangor nature park. Retrived July 20, 2019, from https://gradesfixer.com/free-essay-examples/kuala-selangor-nature-park/
"Kuala Selangor nature park." GradesFixer, 28 Apr. 2018, https://gradesfixer.com/free-essay-examples/kuala-selangor-nature-park/. Accessed 20 July 2019.
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