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| Michael, Jeffrey A.; Reiling, Stephen D.. |
| Studies of recreation congestion generally utilize nonmarket valuation techniques to determine the use level and entrance price that maximize aggregate recreation benefits for a specific recreation area. This paper improves upon these previous studies by relaxing the assumption of homogeneous preferences among visitors of the same recreation area and accounting for visitor expectations of congestion. The results indicate that failing to account for heterogeneous preferences for congestion by time of visit leads to overestimates of the benefits of relieving peak-time congestion, while accounting for expectations raises questions about the validity of the standard optimal use model. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1997 |
URL: http://purl.umn.edu/31564 |
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| Reiling, Stephen D.; Boyle, Kevin J.; Cheng, Hsiang-Tai; Phillips, Marcia L.. |
| Contingent valuation is used to measure the benefits of a proposed public program to control black flies. Respondents' reported values are analyzed from three perspectives: data outliners, consistency between respondents' reported values and their perceptions of black flies, and the temporal reliability of the values expressed by respondents. The results suggest that the estimated contingent values are plausible even though a majority of respondents expressed a value of zero dollars for the black fly control program. |
| Tipo: Journal Article |
Palavras-chave: Public Economics. |
| Ano: 1989 |
URL: http://purl.umn.edu/28866 |
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