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| Walsh, Richard G.; Johnson, Donn M.; McKean, John R.. |
| While issues in estimating nonmarket values continue to cause concern, resource economists have more reason now than ever before to be optimistic. More progress toward improved measurement has been made in the past six years than in the previous quarter century since development of the contingent valuation and travel cost methods. The new challenge is to learn how to adjust past studies to estimate nonmarket values for future policy analysis. The process involves developing an understanding of the important variables that explain the observed difference in estimates. This paper illustrates how the results thus far could be adjusted to develop some tentative estimates of the recreation-use value of Forest Service resources. |
| Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy. |
| Ano: 1989 |
URL: http://purl.umn.edu/32446 |
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| Walsh, Richard G.; Gilliam, Lynde O.. |
| The contingent valuation approach was applied to the problem of estimating the recreation benefits from alleviating congestion at Indian Peaks wilderness area, Colorado. A random sample of 126 individuals were interviewed while hiking and backpacking at the study site in 1979. The results provide an empirical test and confirmation of the Cesario and Freeman proposals that under conditions of excess recreational demand for existing sites, enhanced opportunities to substitute newly designated sites by reducing congestion results in external benefits to the remaining peak day users who do not substitute, and should be added to the recreational use benefits of new sites. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1982 |
URL: http://purl.umn.edu/32412 |
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| Rosenberger, Randall S.; Walsh, Richard G.. |
| With the irreversible loss of agricultural land to develop uses in certain areas, there is increased concern that land be preserved for posterity's sake. We estimate the nonmarket value of a ranchland protection program in the Yampa River Valley in Routt County, Colorado, including the Steamboat Springs resort. The case study builds on previous land preservation studies by adding several preferences indicators. We find that local residents' willingness to pay is substantial, but insufficient, to justify protecting the existing quantity of valley ranchland in the study area. |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 1997 |
URL: http://purl.umn.edu/30856 |
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