Identifying priority areas for rural housing development using the participatory multi-criteria and contingent valuation methods in Alange reservoir area, Central Extremadura (Spain)
We propose a participatory approach for rural housing development in reservoir areas. We apply multiple criteria based on all possible aspects and implications of the study area. We evaluate the area priority (AHP/SAW) using the preferences of survey participants. We conduct an economic valuation of water presence visibility using the participatory CVM. The new empirical valuation approach can balance tourism activity expansion and ecological conservation.