Download or read book Travel Cost Recreation Demand Methods written by Vincent Kerry Smith and published by . This book was released on 1988 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Primer on Nonmarket Valuation written by Patricia A. Champ and published by Springer. This book was released on 2017-02-08 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.
Download or read book Simulated Markets Hypothetical Markets and Travel Cost Analysis written by Richard C. Bishop and published by . This book was released on 1980 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recreation Benefits Measured by Travel Cost Method for the McClellan Kerr Arkansas River Navigation System and Application to Other Selected Corps Lakes written by and published by . This book was released on 1985 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Comparison of the Travel Cost and Contingent Valuation Methods of Recreation Valuation at Cullaby Lake County Park written by Nancy E. Smith and published by . This book was released on 1980 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there are many people who feel it is impossible to place a monetary value on a recreation resource, economists argue that not only is it possible to do so but also necessary because so many recreation sites are publicly provided. There have been various methods used to value non-market goods such as a recreation resource, but the methods being used today are still in a changing process. The objective of this thesis is to use and compare two of the most popular means of valuing a recreation site. The two methods are the contingent valuation method (direct questioning of willingness to pay) and the travel cost method. The site to be valued is Cullaby Lake County Park near Astoria, Oregon. Contingent valuation attempts to discover people's willingness to pay for use of the recreation site by "selling" annual passes for use of the site. Through summation of all individual's willingness to pay, a value for the recreation site is calculated. The travel cost method estimates a demand curve by asking users about their travel expenditures and assuming that people would react to an on-site price increase in the same manner as they would to an increase in travel expenditures. The demand curve estimated in this thesis divides users into distance zones and uses zone averages for all the variables. The dependent variable is visits per thousand population for each zone. The independent variables are travel costs (as a price proxy), income, and one-way distance traveled to the site (to represent travel time). The estimate of site value is derived through integration of the consumers' surplus area underneath the demand curve and above the price line. Value estimates derived by the two models show a wide divergence. The travel cost estimate is seven times larger than the contingent valuation estimate. Part of the reason for this discrepancy lies in the fact that the methods were estimating values for two different goods. A benefit estimate of a watershed development project on Cullaby Lake was desired. The contingent valuation method is flexible enough to allow estimation of the benefits attributable to only the improvements made on a natural lake. However, the travel cost model does not have this flexibility and will give a value for the lake as well as for the project improvements. While this thesis does not prove that one method is superior to the other, it may be an important contribution to the literature. Which model (if either) should be chosen to estimate recreation benefits may depend on exactly what it is that one is attempting to value.
Download or read book Travel Cost Estimation of Recreation Demand written by Mary Jo Kealy and published by . This book was released on 1982 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Travel Cost Model written by Donald H. Rosenthal and published by . This book was released on 1984 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Using the Travel Cost Method to Estimate Fresh Water Based Recreation in North Central Florida written by Bryan Nguyen and published by . This book was released on 2018-11-29 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This thesis examines recreational benefits provided by several spring sites located in North Central Florida using the travel cost method (TCM). The first part of the study estimates the travel demand for springs using data collected from on-site intercept surveys from four springs in North and Central Florida. The second part derives the consumer welfare using the consumer surplus (CS), which represents the benefits from visiting the springs. To examine the robustness of the estimated CS further a sensitivity analysis of the calculated travel cost variable was performed. Lastly, to examine whether the individuals clarity response can be explained by the physical environmental measures presence in the springs. The results of the TCM estimation are consistent with previously published CS estimates and are on the high end in terms of dollar amount. The CS of the four sites is valued at $144,497,642 with an average trip valued at $177.49 per person per trip, with a 95% confidence interval (CI) of $141.78-$234.04. However, the results of the sensitivity analysis of TCM yields some insightful results with higher projected CS value of the spring sites. The perception link between individuals clarity rating and the physical water measures using the ordered logistic regression estimation output could not be explained based on the results. The dependent variables used did not yield any link in relation to the individual perception. The results imply individuals place a substantial value on the CS estimated of the springs in North Central Florida. Using the TCM is one of the many ways to estimate the value of the springs. The results of this study will help inform key decision-makers on recommendations for protecting springs from further degradation due to economic growth and need of water resources. While the study provides a recreational value of individuals view placed on the springs, decision-makers will need to use the information to implement new policies at the State and County levels to preserve the spring sites for future generations. Dissertation Discovery Company and University of Florida are dedicated to making scholarly works more discoverable and accessible throughout the world. This dissertation, "Using the Travel Cost Method to Estimate Fresh-Water Based Recreation in North Central Florida" by Bryan H Nguyen, was obtained from University of Florida and is being sold with permission from the author. A digital copy of this work may also be found in the university's institutional repository, IR@UF. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation.
Download or read book The Travel Cost Method written by Daniel Wayne McCollum and published by . This book was released on 1986 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Problems with the Treatment of Time in the Travel Cost Method written by Cristina García and published by . This book was released on 1982 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Environmental Economics written by and published by Elsevier. This book was released on 2018-10-17 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook in Environmental Economics, Volume 4, the latest in this ongoing series, highlights new advances in the field, with this new volume presenting timely chapters on Modeling Ecosystems and Economic Systems, Framing Sustainability Policy Questions: Who Leads – Ecology or Economics?, Valuing Natural Capital Within an Integrated Economic Ecological, Developing Economies, Urbanization, Climate Change and Health, Viewing Environmental Policy Instruments for Domestic and International Perspective, Quasi experimental Estimation of Environmental Policies, Environment Macro, The Rules for Formal and Informal Institutions in Managing Environmental Resources, and How Should Uncertainty Be Integrated into the Methods for Policy Evaluation? Answers key policy questions facing environmental agencies in developed and developing economies Integrates insights from economics and ecology as part of several key chapters Presents the latest on efforts to review and evaluate the new literatures on field and quasi experiments in environmental economics Provides the first substantive review of environmental macro economics
Download or read book Valuing Nature with Travel Cost Models written by Frank A. Ward and published by Edward Elgar Publishing. This book was released on 2000 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual offers comprehensive information on how to set up a successful travel-cost model, complete it, and interpret results for policy or resource pricing. It covers all aspects of travel-cost models, from economic theory to sampling design and statistical analysis.
Download or read book A Travel Cost Estimation of Consumer Surplus in Recreational Visits written by Daisy Konwar and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recreational services are demanded because they generate benefits. The recreational benefits connected with a destination can be valued based on visitor preferences, which can aid in the formulation of an appropriate Natural Resource Management policy. Environmental and natural resource management studies often attempt to quantify the welfare shift caused by a policy change. In general, welfare is defined as the area under the demand curve; and accordingly, by estimating the demand curve, consumer surplus is obtained, which illustrates the welfare changes connected with an environmental policy change. But unfortunately, conventional markets fail to determine the recreational demand preferences for lack of a proper price mechanism. So the only choice is a non-market method. The Travel Cost Method (TCM) is a well-documented demand-based method in environmental literature for measuring such non-marketed recreational benefits. This study attempts to estimate the consumer surplus, in the recreational demand for the Dibru Saikhowa National Park (DSNP), Assam, with the help of TCM. In the process, it also seeks to answer the question of whether the existing user charges of DSNP reflect the true recreational demand assigned to the park by its visitors. The findings of the study are expected to be useful for different stakeholders associated with the park's conservation in general and its recreational services inparticular, including policymakers.
Download or read book Valuing Ecosystem Services written by National Research Council and published by National Academies Press. This book was released on 2005-05-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.
Download or read book Assessing Demand for Outdoor Recreation written by National Research Council (U.S.). Committee on Assessment of Demand for Outdoor Recreation Resources and published by National Academies. This book was released on 1975 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on "a previous National Academy of Sciences (NAS) report under the sponsorship of the Bureau of Outdoor Recreation (BOR) : A Program for Outdoor Recreation Research, 1969" ...
Download or read book Perspectives on Biodiversity written by National Research Council and published by National Academies Press. This book was released on 1999-10-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.
Download or read book The Measurement of Environmental and Resource Values written by A. Myrick Freeman and published by Resources for the Future. This book was released on 2003 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).