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Resource /Energy Economics and Policy 1 Tobit analysis 1 contingent valuation 1 water-based recreation 1
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Alavalapati, Janaki R.R. 1 Carter, Douglas R. 1 Denny, Christine B. 1 Shrestha, Ram K. 1 Stein, Taylor V. 1
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Journal of Agricultural and Applied Economics 1
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VISITOR PREFERENCES AND VALUES FOR WATER-BASED RECREATION: A CASE STUDY OF THE OCALA NATIONAL FOREST
Shrestha, Ram K.; Alavalapati, Janaki R.R.; Stein, Taylor V. - In: Journal of Agricultural and Applied Economics 34 (2002) 03
We used the open-ended contingent valuation method to elicit willingnes to pay (WTP) for day visitors and extended visitors on the Ocala National Forest (ONF), Florida. A Tobit model specification was applied to account for the issues involved with censored WTP bids. The results reveal that...
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