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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...
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In August 2002, the Commission was asked to look at the economic and social importance of the different industries in the Great Barrier Reef and its catchment. The Commission also would evaluate the costs and benefits of actions to address declining water quality which currently threatens the...
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