Chotikapanich, Duangkamon; Griffiths, William E. - In: Australian Journal of Agricultural and Resource Economics 42 (1998) 3
Beal’s (1995) method of estimating the value of Carnarvon Gorge for recreational use is re‐examined. When an inconsistency in her estimation procedure is corrected, the estimated value of Carnarvon Gorge for camping is found to be six times higher. The sensitivity of the estimate to the...