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Prestige Value.
Artistic and cultural institutions often have a positive prestige value attributed to them by non-users and, in individual cases, like the Paris Opera and La Scala in Milan.
The prestige value is important for voters bom in Basle and therefore having a special attachment to the city's history and culture.
The option, existence, and prestige values tend to be integrated (and at least part of the bequest value in the case of house and land prices), but not the educational value.
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