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Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists recently have emphasized the importance of considering prior consumption commitments that constrain behavior. This research develops a new model for time valuation that uses...
Persistent link: https://www.econbiz.de/10005775138
Travel cost recreation demand models stem from a simple, but penetrating, insight. Consumption of an outdoor recreation site's services requires the user to incur the costs of a trip to that site. Travel costs serve as implicit prices. These costs reflect both people's distances from recreation...
Persistent link: https://www.econbiz.de/10005452902
This paper outlines a new revealed preference method to estimate the effects of changes in land use associated with residential development on water quality and the implied ecosystem services at the watershed level. The analysis integrates data describing several types of behavior and uses...
Persistent link: https://www.econbiz.de/10005583183
Leisure activities such as local recreation trips usually take place in discrete blocks of time that are surrounded by time devoted to other commitments. It can be costly to transfer time between blocks to allow for longer outings. These observations affect the value of time within those blocks...
Persistent link: https://www.econbiz.de/10005034549
"Leisure activities such as local recreation trips usually take place in discrete blocks of time that are surrounded by time devoted to other commitments. It can be costly to transfer time between blocks to allow for longer outings. These observations affect the value of time within those blocks...
Persistent link: https://www.econbiz.de/10003844261
Persistent link: https://www.econbiz.de/10003965745
Persistent link: https://www.econbiz.de/10003736021
Persistent link: https://www.econbiz.de/10003596032
Persistent link: https://www.econbiz.de/10003229796
Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists recently have emphasized the importance of considering prior consumption commitments that constrain behavior. This research develops a new model for time valuation that uses...
Persistent link: https://www.econbiz.de/10012759700