Halkos, George & Galani, Georgia, 2016. "Assessing willingness to pay for marine and coastal ecosystems: A Case Study in Greece," MPRA Paper 68767, University Library of Munich, Germany.

Assessing willingness to pay for marine and coastal ecosystems: A Case Study in Greece, MPRA Paper 68767, University Library of Munich, Germany. In common with G. Galani (2016).

The  achievement  of  good  environmental  status  (GES) of  marine  and  coastal  ecosystem services  is  specified  in  the  Marine  Strategy  Framework  Directive  (MSFD).  This  paper  uses the  choice  experiment  methodology  (CE)  to  estimate the  value  of  non#market  benefits  of marine and coastal ecosystem. Non-market benefits a re rarely considered in marine planning and  management.  Assessing  respondents’  willingness to  pay  in  order  to  contribute  in  the development  of  marine  planning  and  management  implies  that  changes  in  marine  and ecosystem  services  in  Greece  should  be  considered. Using  appropriate  econometric  methods the  empirical  results  show  government  trust  and  willingness  to  pay  is  directly  linked.  The results  demonstrate  also  that  preferences  are  heterogeneous  with  changes  in  certain  marine and coastal attributes.