Showing 1 - 9 of 9
For many recreational activities onsite pecuniary costs can be a significant portion of the cost of a recreational trip. Onsite expenditures, however, often depend upon endogenous quality choices made by the household. We formulate a recreation demand model that formally accounts for household...
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Pricing for countryside recreation is examined within the general economic context of pricing. Possible uses of pricing in countryside recreation are outlined, along with possible objections to its use. A selected review is presented of the literature ...
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Innovations in the estimation of referendum type contingent valuation models have led to willingness-to-pay (WTP) measures inconsistent with consumer preferences and unbounded from above or below. We propose a set of criteria which guarantee a bounded measure of WTP. The criteria reject the...
Persistent link: https://www.econbiz.de/10008537494
This paper provides evidence that the Clean Water Act implemented through effluent limits responded to local water quality. We choose biological oxygen demand as the pollutant and dissolved oxygen as a water quality indicator. We use a panel of permits for 100 plants in Maryland, Virginia, and...
Persistent link: https://www.econbiz.de/10010555811
To aid in the planning and marketing of wildlife recreation, a logit regression model was used to assess the effect of age on the probability of participation in waterfowl hunting and wildlife viewing. The results indicate that the probability of ...
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