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Assessment of social Benefits of Built Heritage Conservation: the Case of the New Holland Development in St. Petersburg

Student: Irina Butorina

Supervisor: Leonid E. Limonov

Faculty: Saint-Petersburg School of Social Sciences and Area Studies

Educational Programme: Urban Development and Local Administration (Master)

Year of Graduation: 2019

The aim of this study is to assess the social benefits of the built heritage conservation on the example of the New Holland development project in St. Petersburg. It is based on the results of the sociological study among the citizens, analyzed using the contingent valuation method of stated preferences. The revealed "willingness-to-pay" of users and non-users largely determines the social efficiency of this project and will lead to a significant increase in its economic value for the society in the long term.

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