Research Article

Economic Valuation for Cultural and Passive Ecosystem Services Using a Stated Preference (Contingent Valuation Method (CVM)) Case of the Elgeyo Watershed Ecosystem, Kenya

Table 6

Frequency (%) across the maximum WTP value cohort.

Value range (USD)CulturalBequestBiodiversity

1–551.051.051.1
5.1–1030.230.228.2
10.1–156.46.46.9
15.1–207.27.27.8
20.1–302.52.52.8
30.1–390.80.80.9
40–491.71.61.9
91 ≥ 950.30.30.3
Grand total100.0100.0100.0