Abstract
It is important to manage the landscape conservation and the improvement of the disaster mitigation performance in historical built-up area simultaneously. The purpose of this paper is to analyze effect of government subsidy for seismic renovation with landscape conservation in historical built-up area. First, Willingness To Pay (WTP) for seismic renovation with landscape conservation was measured by CVM. Based on these values, the function which to calculate WTP was modeled by the concept of random utility model. From the result of the calculation, it was shown that economic value of historical landscape in south area of Tokushima was 2,475,440,000 yen. Lastly, the suitable subsidy to make promote seismic renovation with landscape conservation was calculated 280,000 yen per one house.
