Frequency and time in recreational demand

Author(s):  
Arnar Buason ◽  
Kristin Eiriksdottir ◽  
Dadi Kristofersson ◽  
Kyrre Rickertsen
Keyword(s):  
Forestist ◽  
2019 ◽  
Vol 69 (2) ◽  
pp. 103-116
Author(s):  
Emel Canatanoglu ◽  
◽  
Ayca Yesim Caglayan ◽  
Cengiz Karagozoglu ◽  
◽  
...  

1987 ◽  
Vol 69 (2) ◽  
pp. 293-302 ◽  
Author(s):  
Nancy E. Bockstael ◽  
Ivar E. Strand ◽  
W. Michael Hanemann

2003 ◽  
Vol 35 (1) ◽  
pp. 159-169 ◽  
Author(s):  
Ram N. Acharya ◽  
L. Upton Hatch ◽  
Howard A. Clonts

Treatment of time in travel cost models has been a source of contention among economists. The debate persists because welfare estimates, which are the principal objectives of these studies, are highly sensitive to the treatment of time. The present study examines the dual role of on-site time using evidence from two wilderness areas in Alabama. The empirical results comply with the theoretical expectation that on-site time is both a source of utility and cost. The exclusion of on-site time from demand functions results in biased parameter estimates. In particular, it yields smaller own-price coefficients and higher welfare estimates.


2016 ◽  
Vol 11 ◽  
Author(s):  
Om Sharma

<p>Editorial board has pleasure to release this issue of <strong><em>Economic Literature</em></strong>, an annual Journal of Department of Economics, Prithvi Narayan Campus, Tribhuvan University, Pokhara (Volume XI, No. 1, June 2013). Through the publication of this journal Department of Economics has been making efforts to promote the general advancement of economic knowledge, information and techniques of analysis since 1981. Our aim is to continue this tradition by publishing highly academic and policy oriented research papers and to provide platforms for enthusiastic scholars who like to publish their scholarly and analytical paper based on fresh research on the issues of interest around the discipline of economics. This issue incorporates analytical articles of contemporary issues of economy ranging from impact of public expenditure, natural resource use, micro-insurance, tourism trends, food security, recreational demand to impact of global recession.</p><p>Editorial board strongly believe that University Departments should engage in research and disseminate the ideas and findings to the scientific community for the enlightenment of knowledge, not just to deliver the existing knowledge in class rooms; it will not only enrich field of knowledge but also inspire the fresh graduates towards the culture of scientific research and thoughtful writings. If this publication contributed something to strengthen the culture, we will feel great satisfaction. It is, however, up to the reader to evaluate our endeavour.</p><p> It was not possible to offer this volume to the esteemed readers without the contributions of the authors of articles included in this issue. The board, therefore, reverentially acknowledge the authors who have contributed to the journal. We would also like to thank to those who have assisted us in the course of this publication. Special thanks go to the campus administration for encouragement and support in various ways. The editorial board welcomes all the noble thoughts, constructive comments an</p>


1990 ◽  
Vol 19 (2) ◽  
pp. 109-117 ◽  
Author(s):  
John Mackenzie

This paper develops a logit-based conjoint analysis of willingness to pay for individual attributes of deer-hunting trips. Since deer-hunting success is uncertain, willingness to pay for enhanced likelihood of bagging a deer, rather than for certain success, is evaluated. Implicit costs of recreational travel time are also evaluated from hypothetical trade-offs between travel time and trip expenditures. The valuation of travel time derived here appears to reflect more the opportunity cost of foregone hunting than the opportunity cost of foregone work. This implies that travel-cost analyses of recreational demand, which impute costs of recreational travel solely from wage data, can yield biased valuations of recreational amenities.


2016 ◽  
Author(s):  
Derrick Robinson ◽  
Diane Hite ◽  
Terrill Hanson

1987 ◽  
Vol 23 (5) ◽  
pp. 951-960 ◽  
Author(s):  
Nancy E. Bockstael ◽  
W. Michael Hanemann ◽  
Catherine L. Kling

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