Showing 61 - 70 of 1,143
Forest benefits are now commonly understood through the ecosystem service framework. Recreational visits to forests, considered an important cultural service, have been the target of a significant proportion of the non-market valuation literature to date. Such models have evolved from relatively...
Persistent link: https://www.econbiz.de/10010918743
[Paper in French] Open-access is probably the main cause of crowding on recreational sites, especially when they are attractive and close to urban areas. In this case, theory predicts equilibrium and optimum differ due to externality of congestion. Whereas Fisher and Krutilla, 1972, caracterized...
Persistent link: https://www.econbiz.de/10005233340
Nonparametric techniques are frequently applied in recreation demand studies when researchers are concerned that parametric utility specifications impart bias upon welfare estimates. A goal of this paper is to extend previous work on nonparametric bounds for welfare measures to allow for...
Persistent link: https://www.econbiz.de/10005220386
As part of the Resources for the Future Frontiers of Environmental Economics collection of papers, we consider the problem of general equilibrium feedback effects in non-price space as they relate to non-market valuation. Our overall objective is to examine the extent to which non-price...
Persistent link: https://www.econbiz.de/10005023640
Using count data models that account for zero-truncation, overdispersion, and endogenous stratification, we estimate the value of access to recreational parks. The focus is on the empirical estimation of the proportion of the wage rate that best approximates park visitors’ opportunity cost of...
Persistent link: https://www.econbiz.de/10010548583
Hedonic prices are estimated for summer and winter rentals for vacation houses located near a lake and ski-golf resort in rural western Maryland. Regressions for weekly rents are conditioned on house size, quality, and recreation features including lakefront proximity and ski-slope access....
Persistent link: https://www.econbiz.de/10008693228
Researchers using revealed preference data have mostly relied on the Mixed Logit (ML) framework to model unobserved heterogeneity. In this paper, we suggest an extension of this model where we integrate direct measures of taste and revealed preferences, under a unified econometric setting, to...
Persistent link: https://www.econbiz.de/10010843154
Persistent link: https://www.econbiz.de/10013347271
Persistent link: https://www.econbiz.de/10013460963
We present estimates of the demand for hunting licenses by residents and non residents in British Columbia for the period 1971–2000. We obtain estimates of both short-run and long-run price elasticities and discuss their revenue implications for future fee increases. We further find the demand...
Persistent link: https://www.econbiz.de/10005754902