1990
DOI: 10.1080/01490409009513093
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The travel cost model of recreation demand: Theoretical and empirical issues

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Cited by 72 publications
(34 citation statements)
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“…Expression of environmental aspects in financial terms could be done by using specific techniques described in scientific literature like revealed preference techniques and stated preference techniques [15,16]. In general, the financial rating of environmental aspects is based on public preference for a specific environmental quality level.…”
Section: Description Of the Evaluation Model Structurementioning
confidence: 99%
“…Expression of environmental aspects in financial terms could be done by using specific techniques described in scientific literature like revealed preference techniques and stated preference techniques [15,16]. In general, the financial rating of environmental aspects is based on public preference for a specific environmental quality level.…”
Section: Description Of the Evaluation Model Structurementioning
confidence: 99%
“…In this regard the model relies on actual behaviour in that the site choices of individuals must be observed by the investigator, and that market purchases associated with th~s behaviour (travel costs) are weakly complementary to the choice of a recreation site (Fletcher et al 1990). Ifthere is sufficient variation in the distances between visitors' residences and the recreation sites, and in the numbers of trips taken during a particular time period, then a statistical model can be estimated that explains the numbers of trips taken as a function of the travel costs.…”
Section: Travel Cost Modelsmentioning
confidence: 99%
“…The weighting issue is related to the assumption that the individuals within an aggregate unit are homogeneous in terms of travel costs and socioeconomic characteristics (Fletcher et al 1990). This condition means that the trips from an aggregate unit containing W individuals can be modelled as a Poisson process with a parameter equal to the sum of the individual A' s across all Windividuals in the unit.…”
Section: Specification Of Variablesmentioning
confidence: 99%
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“…Nowadays, this method is one of the most common ways of evaluating the recreational values, well-known as the TCM, which has been widely used for valuing nature-based recreation (Brown & Mendelsohn 1984, Caulkins et al 1986, Bell & Leeworthy 1990, Fletcher et al 1990, Englin & Mendelsohn 1991, Willis 1991, Garrod & Willis 1992, Adamovicz 1994, Offenbach & Goodwin 1994, Mankhaus & Lober 1996, Mugambi et al 2006, Shrestha et al 2007). …”
Section: Introductionmentioning
confidence: 99%