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An assessment of the feasible application of environmental valuation methods on Rand Water open-space

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dc.contributor.author Bouwer, Rinus
dc.contributor.author Hendrick, Richard M
dc.contributor.author Taylor, Megan
dc.contributor.author Krugerr, Andre
dc.date.accessioned 2018-04-12T13:12:54Z
dc.date.available 2018-04-12T13:12:54Z
dc.date.issued 2008
dc.identifier.citation Bouwer, R., Hendrick, R., Taylor, M., & Kruger, A. (2008). An assessment of the feasible application of environmental valuation methods on Rand Water open-space. Acta Structilia: Journal for the Physical and Development Sciences, 15(1), 39-71. http://hdl.handle.net/10520/EJC110022 en
dc.identifier.issn 1023-0564
dc.identifier.uri http://hdl.handle.net/10500/23763
dc.description.abstract Rand Water has contracted University of South Africa (UNISA) to develop a monetary valuation method for its open spaces and its inherent ecological functions. This article begins by reviewing existing contemporary definitions for open space in South Africa and then identifies the key characteristics thereof. Open Spaces in the Gauteng urban environment is in a crisis and factors such as open space coverage standards, sale of open space, crime and the impact of the apartheid legacy are briefly examined. Rand Water’s open space contributes to the total open space stock of Gauteng province. Any shortage of open space and threats to the sustainable management and expansion of the open space network of the province therefore has a direct bearing on how Rand Water views and manages its open space resources. Environmental resource economics provides economists and environmentalists with various instruments to place a monetary value on the environment. The available valuation instruments are briefly reviewed and questionnaires are developed from this to determine whether it can be applied by Rand Water staff to obtain values at a minimal cost, in a short space of time, and whether it assesses the various use and non-use values. en
dc.language.iso en en
dc.publisher University of the Free State en
dc.subject Open Space en
dc.subject Environmental valuation en
dc.subject Environmental resource economics en
dc.subject Use value en
dc.subject Non-use value en
dc.subject Consumptive use value en
dc.subject Non-consumptive use value en
dc.subject Indirect use value en
dc.subject Existence value en
dc.subject Option value en
dc.subject Production function approach en
dc.subject Restoration cost method en
dc.subject Replacement cost method en
dc.subject Travel cost method en
dc.subject Hedonic pricing method en
dc.subject Contingent valuation method en
dc.subject Damage cost avoided method en
dc.subject Defensive expenditure method en
dc.subject Rand Water en
dc.title An assessment of the feasible application of environmental valuation methods on Rand Water open-space en
dc.type Article en
dc.description.department Environmental Sciences en


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