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Values and threats WYK LDM391E

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Name the commonly used valuation methods of the total economic value (TEV) categories
Name the commonly used valuation methods of the total economic value (TEV) categories
Direct use value = Change in productivity, cost-based approaches, hedonic prices (based on characteristics), travel cost, contingent valuation. Indirect use value = change in productivity, cost-based approaches (min and max), contingent valuation. Option value = Change in productivity(output=input), cost-based approaches, contingent valuation. Existence value = Contingent valuation (how much would you pay)
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