A massive network of seawalls is possibly going to be constructed right in the middle of Miami Beach's South Beach, which has beachfront property owners in the area concerned about the seawalls'...

A massive network of seawalls is possibly going to be constructed right in the middle of Miami Beach's South Beach, which has beachfront property owners in the area concerned about the seawalls' effects on their property values. To monetize the effects of the seawalls on property values, one could use the ____ nonmarket valuation technique.