Amenity Value - Research Article from Environmental Encyclopedia

This encyclopedia article consists of approximately 1 page of information about Amenity Value.
Encyclopedia Article

Amenity Value - Research Article from Environmental Encyclopedia

This encyclopedia article consists of approximately 1 page of information about Amenity Value.
This section contains 81 words
(approx. 1 page at 300 words per page)

The idea that something has worth because of the pleasant feelings it generates to those who use or view it. This value is often used in cost-benefit analysis, particularly in shadow pricing, to determine the worth of natural resources that will not be harvested for economic gain. A virgin forest will have amenity value, but its value will decrease if the forest is harvested, thus the amenity value is compared to the value of the harvested timber.

This section contains 81 words
(approx. 1 page at 300 words per page)
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Amenity Value from Gale. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.