In this paper the efficient allocation of natural recreational areasis analysed. Natural recreational areas have the features of publicgoods. We present the efficient allocation of this non-excludablepublic good in a rational general equilibrium model withheterogeneous agents. This allows us to...

Since Soviet times Lake Ülemiste has been closed to public access. The current practice of Tallinn may entail unnecessary losses of benefits to the local population. The aim of this paper is to find the value of the foregone benefits. In order to find this value, a contingent valuation (CVM)...

The role of economic analysis in guiding the sustainable development of estuarine and coastal ecosystems is investigated based on a comprehensive review of the literature on the valuation of the recreation, cultural and aesthetic services. The implications of the findings for the sustainable...

In this paper, a random utility maximization (RUM) model of Swedish seaside recreation is used to estimate the benefits from reduced eutrophication of the seas around Sweden. Sight depth data from around the Swedish coast are used as a quality index related to eutrophication. The model is...

The study examines the willingness to pay (WTP) for recreational services of two parks in Northern Pakistan. The data were collected from a sample of 120 respondents in March-April 2001. The study seeks to answer: What factors determine visitors' WTP? Whether improvement in recreational benefits...

This work aims at analysing the value of recreational water uses for the Idro Lake (Lombardy, Northern Italy), which has been experiencing dramatic fluctuations in its levels in recent years, due to excessive productive withdrawal that affected recreational uses. It estimates the economic...

Selectivity bias caused by protest responses in Contingent Valuation studies can be detected and corrected by means of sample selection models. This paper compares two methods: the Heckman 2-steps method and the full ML, applied to data on forest recreation - where WTP is elicited as a...

Data from a unique nationwide recreational fishing survey in Sweden is used to estimate benefits of recreational fishing in Sweden, differences between regions and age groups, and how they relate to expected catch. The data targets the whole Swedish population, and as a consequence a large...