📈 economics
Application of Contingent Valuation Method (CVM) to assess residents' willingness to pay for Sustainable Choke Mountain Ecosystem, East Gojam, Ethiopia
This study utilizes the Contingent Valuation Method and a Probit model on 408 households in East Gojam, Ethiopia, to identify that while factors like income, education, and environmental perception positively influence residents' willingness to pay for Choke Mountain's ecosystem services, age and bid size negatively impact it, thereby recommending gender-sensitive and economically fair management strategies.
Yibeltal Bantie Kebie, Getinet Asabu Ewunetu, Megibar Wondie Birhan, Sintayehu Adefires Abebe, Mulu Sewinet Kerebih, Wor (…)2026-08-05