Valuing Nature with Travel Cost Models

Valuing Nature with Travel Cost Models

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'Travel cost recreation demand modelling has come qof ageq thanks to Ward and Beal. Their book provides ready access to this method and highlights emerging research issues. By helping us to understand the intricate nuances of the travel cost methodology for valuing non-market amenities, they have qcreatedq a valuable resource for practitioner and student alike. There is no doubt that it will have a lasting effect on the literature.' - V. Kerry Smith, North Carolina State University, US 'This book is the A to Z of the travel cost method. It is all that you will ever need to know to set up a successful travel cost model, complete it, and interpret its results for policy or resource pricing. An authoritative source on all aspects of travel cost models, from economic theory to sampling design and statistical analysis, it is an invaluable guide to all those contemplating using this method. the manual allows you to navigate through the complexities of travel cost analysis with ease; and provides new perspectives and ideas that even established travel cost researchers may not have encountered.' - Kenneth G. Willis, University of Newcastle upon Tyne, UK Increasingly, natural environments are being irreversibly changed by our activities, and potential human uses of natural resources are often incompatible with environmental protection goals. Travel cost models supply economic information to estimate values in environmental decision-making that otherwise are not available. In the absence of this information, non-market benefits are likely to be ignored in the decision-making process.A Manual Frank A. Ward, Diana J. Beal ... Martin, W.E., F.H. Bollman and R.L. Gum (1982), a#39;Economic Value of Lake Mead Fisherya#39;, Fisheries, 7 (6), 20-4. ... Jubenville (1987), a#39;Recreation Economics: Taking Stock [Problems and Solutions in Estimating the Demand for and Value of ... McConnell, K.E. (1976), a#39;Some Problems in Estimating the Demand for Outdoor Recreation: Replya#39;, American Journal ofanbsp;...

Title:Valuing Nature with Travel Cost Models
Author:Frank A. Ward, Diana J. Beal
Publisher:Edward Elgar Publishing - 2000-01-01


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