Purchase Solution

Perception and Economic Valuation

Not what you're looking for?

Ask Custom Question

Comment on how the statement below relates to economic valuation of ecosystem services "...Southern Californians continue to view (perceive) the ocean more as a reservoir for pollution than a vibrant and natural place for bathing and swimming. Nearly half of all Angelenos interviewed in this study cite water pollution as the major reason for not going to the beach." (Pendleton et al. 2001)

250 words

Attachments
Purchase this Solution
Solution Summary

This solution describes the interaction between perception and economic valuation.

Solution Preview

This statement relates to economic valuation of ecosystem services, due to the fact that the way that individuals perceive an ecosystem resource, determines the value that they place upon that economic resource. Due to the fact that Southern Californians continue to perceive the ocean as a reservoir for pollution, instead of a vibrant and natural place for bathing and swimming, these ...

Solution provided by:
Marcel Parker, MPA
Education
  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
Recent Feedback
  • "Excellent work, from the time of my post to the time I received a response was days ahead of my requirements. "
  • "Great, Thank You for our Help!!"
  • "Excellent, thank you "
  • "Thank you"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Research Methods for Data Collection

This quiz is designed for students to help them gain a better understanding of the different types of research and when to appropriately use them.

Sociology: Socialization & Social Groups

A refresher quiz on socialization.

View More Free Quizzes
Related BrainMass Solutions

  • price-to-earnings ratio

    Yes, if the economic climate changes, the perception will definitely change and the current valuation might look stretched as we need to further discount the valuations, if the economic climate deteriorates.

  • Financial Analysis of CPI

    Thus, it would have made more sales and earned higher profits. // The explanation of the valuation of firm, perception, CPI valuation and the basis for the conclusion have been talked about in the above paragraphs.

  • Consumer Product Inc's Valuation

    Could that perception change if the economic climate changes? Do you believe CPI's valuation is being impacted today because the firm is only a regional player? What is the basis for your conclusion?

  • Valuation of a company

    523797 Valuation of a company Several factors, both internal and external, impact a company's stock price, and the subsequent perceived valuation of a company.

  • Financial Management

    The perception of the analysts would change according to change in the economic climate.

  • Earnings Smoothness, Average Returns, and Implied Cost of Equity

    The article from the Accounting Review Journal deals with the relationship of earnings of an organization and returns offered to the stakeholders. There is a general perception that higher risk is compensated with a higher return.

  • Ecosystem Valuation

    and their utilization for economic and financial benefit.

  • Valuation and how to apply valuation methods

    Thank you and Good Luck! This solution provides a detailed explanation of valuation, how to apply valuation methods, and why valuation is an important tool in risk management.

  • ong-term protection of an environmental resource

    Once a monetary value is assigned and economic valuation of the direct and non-direct uses of the economic resource is being conducted, it provides a strong basis for policy makers to set priorities and improve decision making with respect to the economic

View More Related Solutions