Using Choice Experiments to value biodiversity in a Megadiverse Protected Area: The case of Manu National Park, Peru
Submitted: 2025-06-09
|Accepted: 2025-08-22
|Published: 2026-06-26
Copyright (c) 2026 José Dávila-García, Carlos Enrique Orihuela, Felipe Vásquez-Lavín, Hugo Luna, Carlos Minaya
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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Keywords:
Biodiversity conservation, choice experiments, willingness to pay, Manu National Park, latent class model
Supporting agencies:
This research is supported by Funding Agreement 175-2015-FONDECYT, Project “Círculo: Valorando la Biodiversidad en el Perú”, for which we are deeply grateful. We also extend our thanks to the Servicio Nacional de Áreas Protegidas por el Estado (SERNANP) for its collaboration in this project.
Abstract:
Biodiversity loss in megadiverse countries such as Peru threatens the resilience of ecosystems and cultural heritage, although evidence of its economic value is limited. This paper estimates the economic value of conserving biodiversity in Manu National Park, a UNESCO world heritage site. Using choice experiments, willingness to pay (WTP) for protecting threatened flora and fauna and reducing deforestation was estimated. The results show higher WTP for threatened flora associated with cultural familiarity. The non-use value amounts to USD 19.7 million, supporting conservation policies.
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