Abstract
The article examines the demand of people for the improvement of the condition Lake Harku. Lake Harku is located in a densely populated area on the border of the city of Tallinn and it is in a poor state as a water body according to the EU classification. Two stated preference methods, contingent valuation (CV) and choice experiment (CE), were used for assessing the monetary value people place on the improvement of the ecosystem services of the lake as non-market environmental goods. The results of the work confirmed there is significant willingness to pay for the improvement of the condition of the water body. From a methodological point of view, an important finding is that the CV method yielded lower result than the estimated payment option of the CE.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
