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Florida International University

2014

Economic Valuation

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Full-Text Articles in Social and Behavioral Sciences

Valuation Of Ecosystem Services For Environmental Decision Making In South Florida, Nadia A. Seeteram Nov 2014

Valuation Of Ecosystem Services For Environmental Decision Making In South Florida, Nadia A. Seeteram

FIU Electronic Theses and Dissertations

The Greater Everglades system imparts vital ecosystem services (ES) to South Florida residents including high quality drinking water supplies and a habitat for threatened and endangered species. As a result of the altered Everglades system and regional dynamics, restoration may either improve the provision of these services or impose a tradeoff between enhanced environmental goods and services and competing societal demands. The current study aims at understanding public preferences for restoration and generating willingness to pay (WTP) values for restored ES through the implementation of a discrete choice experiment. A previous study (Milon et al., 1999) generated WTP values amongst …