The accuracy of environmental valuation studies relies, to a great extent, on the suitability of the proxy measures used to capture individuals' preferences. While important advances have been achieved in the last years concerning the characterization of the physical background in which recreational choices are made, Travel Cost Method applications have failed to consider the heterogeneity of landscape and the spatial configuration of land use. This paper presents an empirical application to forest recreation in Mallorca (Spain), implementing a random parameter logit model to evaluate in terms of goodness-of-fit, model predictions and welfare measurements the effects of environmental diversity on the recreational site-choice process.
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Volume (Year): 68 (2009) Issue (Month): 11 (September) Pages: 2743-2750 Download reference. The following formats are available: HTML
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Jason C. Kinnell & Matthew F. Bingham & Ateesha F. Mohamed & William H. Desvousges & Thomas B. Kiler & Elizabeth K. Hastings & Karen T. Kuhns, 2006.
"Estimating Site Choice Decisions for Urban Recreators,"
Land Economics,
University of Wisconsin Press, vol. 82(2), pages 257-272.
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