An aggregate travel cost approach to valuing forest recreation at managed sites

Chapter 15. Travel Cost Method of Valuing Environmental Amenities

Estimating the Recreation Value of Ecosystems by Using a Travel Cost Method Approach

Recreation is one of the ecosystem’s secondary values of a well conserved natural ecosystem, associated with the direct use individuals make of these natural assets. In this paper we define and estimate the total economic recreation value to visitors of a particular natural area, a national park. An on-site individual observation Travel Cost Model, Count Data distributions, and a version of hyp...

Using Revealed Preferences to estimate the Value of Travel Time to Recreation Sites

The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker’s (1965) by using a combination of revealed and stated preference data to estimate a value of time which is uniform in all activities and under all circumstances. ...

Valuing Beach Recreation Lost in Environmental Accidents

This paper reviews methods that can be used to estimate the loss in use value associated with saltwater beach recreation in the case of an environmental accident, such as an oil spill. Particular attention is focused on methods for verifying beach attendance data and on transferring benefit estimates from other locales. The paper first reviews methods for estimating what reported attendance mig...

Wilderness Recreation Demand : A Comparison of Travel Cost and On - site Cost Models

This study used travel cost and on-site day cost models, coupled with the Forest Service’s National Visitor Use Monitoring data, to examine the demand for and value of recreation access to designated Wilderness.