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Economic Criteria for Freshwater Wetland Policy in Massachusetts
Author(s) -
Gupta Tirath R.,
Foster John H.
Publication year - 1975
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238838
Subject(s) - wetland , wildlife , productivity , value (mathematics) , flood control , cost–benefit analysis , flood myth , natural resource economics , environmental resource management , environmental science , geography , economics , ecology , computer science , biology , macroeconomics , machine learning , archaeology
Abstract The value of wildlife, visual‐cultural benefits, water supply, and flood control benefits of wetlands (varied by benefit productivity levels) are determined with help from appropriate scientists. Comparison of benefit value with opportunity cost of wetland preservation is demonstrated as the basis for decisions concerning permits for wetland alteration.