Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands

Abstract

Recreation demand, Travel cost method, Convergent validity, Revealed preference, Stated preference,

Using revealed and stated preference data to estimate the scope and access benefits associated with cave diving

“…In the model, travel cost for accessing the site is interpreted as the price, and the number of trips taken in the season is the quantity demanded at that price. 2 The main strength of the travel cost method is that it is based on actual choices (revealed preference) as a recreator considers the benefits and costs of participation and experience along with the consequences of their actions (Whitehead et al, 2009). However, a primary weakness of the travel cost method is that it relies on historical data so analyzing site quality changes, such as changes in the size of a site or improved site access, might not be feasible because individuals may not be able to form preferences due to lack of an actual experience.…”

Economics of Coastal Erosion and Adaptation to Sea Level Rise

“…Landry & Liu (2011) extend this analysis to several other parametric models and find that the beach width scenario increases recreation trips in three of four models. Whitehead et al (2010) examine beach recreation behavior using multiple-site, revealed preference data, exploiting the existing variation in beach width in the choice set of North Carolina beaches. The value of a 100-foot increase in beach width across all sites in the study area is estimated.…”

Coastal Erosion as a Natural Resource Management Problem: An Economic Perspective

“…Economic values for preventing erosion have been estimated at $7.88 to $14.81 per household, per trip for Delaware beaches (Parsons, Massey, and Tomasi 2000), and $46.01 to $78.09 per household, per year for all beaches in Virginia, Maryland, and Delaware (von Haefen, Phaneuf, and Parsons 2004). Focusing on southern North Carolina beaches, Whitehead, et al (2010) estimate $3.57 per individual, per trip, and $8.32 to $17.84 per household, per year for a 100-foot increase in beach width. Parsons, Massey, and Tomasi (2000) and Whitehead et al (2010) find evidence that beach length has positive influence on site choice, indicating a preference for longer beaches.…”

“…Focusing on southern North Carolina beaches, Whitehead, et al (2010) estimate $3.57 per individual, per trip, and $8.32 to $17.84 per household, per year for a 100-foot increase in beach width. Parsons, Massey, and Tomasi (2000) and Whitehead et al (2010) find evidence that beach length has positive influence on site choice, indicating a preference for longer beaches.…”