We talked about several ways of valuing environmental benefits that arent traded in markets. Among the techniques discusses were: hedonic analysis of property values (HPV), value of a statistical live (VSL), travel cost method (TCM) and contingent valuation (CV). Explain which technique would be best to use in valuing benefits from the following environmental programs. Im going to give you points based on your explanation, not on your answer, so please offer a good explanation or I wont give you any points for your answer. None. Zero. Nishto. Naught. Nada. Zilch. Oh, and all of the questions are related to canoes.

A. Construction of a new, beautiful and pristine canoeing area in Minnesota midway between Lancaster and Haug. Please explain. (1)

B. Habitat improvements that increase the long-term survival prospects of the giant miniature red-gilled walleye, a shy species of highly poisonous fish that lives near the bottoms of lakes and is rarely observed, not even by patient people in canoes. Please do share your explanation. (1)

C. Construction of small neighborhood canoe ponds, where you can just get your canoe out for half an hour or so on your lunchbreak in between Zoom meetings or what-not. Do explain! (1)