160 likes | 314 Views
Meta Analysis of Coastal Ecosystems Abbie Cruz-Trinidad PRIMEX, Philippines. Work Package 8, Valuation of Ecosystem Products and Services. Non Market Values Existence Value Bequest Value Indirect Value. Non Market Valuation Techniques Travel Cost (TC) Contingent Valuation (CV)
E N D
Meta Analysis of Coastal Ecosystems Abbie Cruz-Trinidad PRIMEX, Philippines Work Package 8, Valuation of Ecosystem Products and Services
Non Market Values Existence Value Bequest Value Indirect Value • Non Market Valuation Techniques • Travel Cost (TC) • Contingent Valuation (CV) • Hedonic pricing • Damage Assessment • Conjoint Experiments Prices may not be manifest but there is still a value to its non-use
How much are you willing to pay for the following: • Contribute to conservation fund • Enter a marine sanctuary • Save the green turtle • Maintain quality of coral reefs/mangroves • Funding policy initiatives
Average for domestic tourists: US$ 8 Average for foreign tourists: US$ 28
Conclusion statistics look encouraging but model not robust enough for forecasting --- plugged in values result in high WTP values samples/number of papers should be expanded need to formulate hypothesis applicable to tropical coastal ecosystems Exercise should contribute to setting “best practices” for CV/TC studies