Which of the following is often referred to as the ‘hedonic price’ method for valuing environmental assets ?
1
Using linkages between variations in-house prices and geographical proximity to an
environmental asset.
environmental asset.
2
Using ‘existence value ‘to estimate the value of an environmental asset.
3
Using travel costs to estimate the value of an environmental asset.
4
Using ‘willingness to pay’ to value an environmental asset.