An individual’s rate-of-time-preference is an important consideration for individuals deciding whether to support a public good, since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the...

A model of joint recreation quantity choices is developed. Individuals choose both total time spent at distant sites and the number of trips taken, implicitly choosing average on-site time. The model permits nonzero marginal utility of travel, makes on-site time endogenous, and is linear in the...

The prevailing consensus that existence value can only be measured by contingent valuation is questioned. The concern is over "pure" existence value, a change in welfare when a public good changes that leaves no trace in behavior. Pure existence value may well be more a consequence of the simple...

We estimate the values of fishing opportunities and changes in harvest rates for single-day private boat saltwater fishing for king and silver salmon in southeast Alaska, using a repeated mixed logit model of trip frequency and distribution estimated jointly with anglers’ shadow values of...

The kind of open space benefit, recreation, or amenity, in our spatial city model determines in part how open space influences residential development. Our model also determines the exact total social benefits of open-space policies by summing together the change in household welfare and...