Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73003 
Year of Publication: 
2012
Series/Report no.: 
Nota di Lavoro No. 72.2012
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper updates the existing meta-analysis in coral reef recreation taking into account the previous work of Brander et al. (2007) but considering some stated preference biases and/or effects. The present meta-analysis uses twice the number of observations as the previous one and sheds more light in understanding the influence of these common biases and/or effects found in valuations. The results show the common biases/effects in varied methodology types significantly influence the willingness to pay (WTP) estimates and in turn this has implications in welfare and benefit transfer at local, regional and global levels.
Subjects: 
Meta-analysis
Coral Ecosystem
Valuation
Willingness to Pay
Biases
JEL: 
Q54
Q57
Document Type: 
Working Paper

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