A coastal inhabitant will accept to pay a certain amount of money (A) to maximize his/her utility under a condition that having detached breakwaters one year sooner improves his/ her quality of living along the coast (Q1 > Q0)
A coastal inhabitant will accept to pay a certainamount of money (A) to maximize his/her utility under a conditionthat having detached breakwaters one year sooner improves his/her quality of living along the coast (Q1 > Q0)