Economic valuation of wetlands is going to find that preferences of the people for changes in wetlands status and its belonging resources. Fereydoonkenar Damgah(FD), as a man-made system is located within Fereidoon'kenar artificial wetlands site. This area hosts a large population of migratory birds including the Siberian Crane during the winter. Due to increasing trend of natural wetlands degradation in Iran, the role of the artificial wetlands in biodiversity conservation can be appreciable more than ever. This study is aiming to determine the habitat value and direct use values of FD. Habitat value was estimated using contingent valuation and double bounded dichotomous choice method (DBDC). Sample size was calculated using a pre-test questionnaire and Cochrans equation. 370 questionnaires were fulfilled during 2 months field survey within Fereydoonkenar county. The logic model was used to measure individuals willing to pay. Both linear and logarithmic forms were estimated to calculated the model. After stepwise removal of non-significant variables, the linear model was chosen according to different criteria, including MacFaddn R 2 statistics, Akaike info criterion, Schwartz criterion and Hannan-Queen criterion, likelihood ratio, accurate prediction rate and Keywords Fereydoon'kenar Damgah,Use value, Habitat value, Contingent valuation, Biodiversity Conservation
