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The Economic Value of Heritage

This report by Nesta and Simetrica looked at the value that users (residents and visitors) and non-users obtain from historic cities and their cathedrals.

The researchers used a technique known as contingent valuation to estimate use and non-use value and assesses the feasibility of benefits transfer. It also finds that such techniques generate credible results and that benefits transfer between comparable sites is feasible.

Publication date: 02 October 2018

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