ENVIRONMENTAL SYSTEMS RESEARCH
Online ISSN : 1884-8125
Print ISSN : 1345-9597
ISSN-L : 1345-9597
THE BEQUEST VALUE OF THE ENVIRONMENTAL GOODS
BY ALTRUISTIC UTILITY THEORY
Yasuhisa HAYASHIYAMATadahiro OKUYAMA
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JOURNAL FREE ACCESS

2003 Volume 31 Pages 55-66

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Abstract
It is known that the economic value of environmental quality will be divided roughly into “Use Value” and “Non-use Value”. The purpose of this paper is to examine the quantitive measurement possibility by formulizing theoretically the factor, especially paying attention to altruism and analysis the effect for non-use value. In order to grasp an altruistic motive from observable data in a market in this paper, after expressing environmental preservation action and formulizing the consumer behaviorbased on altruistic utility theory.
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© by Japan Society of Civil Engineers
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