Event Title

Using Market and Non-market Valuations Systems to Identify Optimal Grassland Restoration Locations in Illinois

Location

Parker-Reed, SSWAC

Start Date

1-5-2014 9:00 AM

End Date

1-5-2014 10:00 AM

Project Type

Poster

Description

As the environment becomes more and more of a superior good, we must find ways to maximize the benefits from the environmental good we still have. Through the use of the non-market valuation method of a choice experiment, the value of a nearby restored grassland to a citizen of Illinois was analyzed. Combining grassland valuation data with local land values and population density data we are able to properly identify the optimal locations to place the restored grasslands.

Faculty Sponsor

Manny Gimond

Sponsoring Department

Colby College. Environmental Studies Program

CLAS Field of Study

Interdisciplinary Studies

Event Website

http://www.colby.edu/clas

ID

623

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Using Market and Non-market Valuations Systems to Identify Optimal Grassland Restoration Locations in Illinois

Parker-Reed, SSWAC

As the environment becomes more and more of a superior good, we must find ways to maximize the benefits from the environmental good we still have. Through the use of the non-market valuation method of a choice experiment, the value of a nearby restored grassland to a citizen of Illinois was analyzed. Combining grassland valuation data with local land values and population density data we are able to properly identify the optimal locations to place the restored grasslands.

http://digitalcommons.colby.edu/clas/2014/program/29