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In this paper we present a novel methodology to determine the annual value of recreational visit flows to different habitat types in Great Britain. We combine different empirical models to predict the spatial distributions of recreational value across Great Britain. The models use a combination...
Persistent link: https://www.econbiz.de/10009428093
The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...
Persistent link: https://www.econbiz.de/10009611637
Persistent link: https://www.econbiz.de/10000942640