Kling, Catherine Louise; Herriges, Joseph A.; Phaneuf, … - Center for Agricultural and Rural Development (CARD), … - 2000
The focal point of the revealed preference (RP) valuation literature, including recreation demand and random utility maximization (RUM) models, has been on eliciting the "use" value associated with environmental amenities, i.e., that portion of value associated with direct use of a resource....