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Appendix

Total Environmental Value and Total Economic Value

 Use Value Passive use or non-use
TEV = F(DUV, IUV, OV, QOV, BV, EV)
TV = G(PV, TEV)

Where:

TV = Total Environmental Value
TEV = Total Economic Value
DUV = Direct Use Value
IUV = Indirect Use Value
OV = Option Value (including bequest value)
QOV = Quasi Option Value
BV = Bequest Value
PV = Primary Value
EV = Existence Value

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