Singapore botanic gardens (SBG) : total economic value and opportunity cost of conserving SBG

• Main Authors: Ang, Kheng Li, Goh, Hui Ru, Ng, Li Hao
• Other Authors: Chang Youngho
• Format: Final Year Project
• Language: English
• Published: 2016
• Subjects: DRNTU::Social sciences::Economic theory::Microeconomics
• Online Access: http://hdl.handle.net/10356/66481
• Institution: Nanyang Technological University

What is the Total Economic Value (TEV) of Singapore Botanic Gardens (SBG)? How does this value compare to the opportunity cost of the land price? In this study, contingent valuation method is carried out using survey questionnaires to elicit willingness to pay (WTP) of respondents. In addition, dire...