Determining the recreational value of tourist destinations is important because natural resources provide services that possess non-market values. They are considered as public goods, whereby society tends to overexploit and overconsume. In this regard, the valuation of four selected tourist...

Despite the large use of the travel cost method as estimation technique for the demand for forest recreation, information on price elasticity is only seldom reported. In this way, it is hard to understand if a large consumer surplus could be reflected in income opportunities for the local...