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This document discusses estimating demand for heritage sites to determine their economic value and potential for tourism. It focuses on Prinsep Ghat in Calcutta, India, a historic riverfront structure. The study uses contingent valuation methods to estimate the total economic value of the site, including both use and non-use values. A TOBIT model is used to determine willingness to pay for the site, while a truncated model identifies characteristics of potential visitors. The results show significant untapp

Author

Ted Led

Language

EN