Incidental And Joint Consumption In Recreation Demand
A theory for analyzing incidental consumption in a single site recreation demand model is presented. We show that incidental consumption on a recreation trip, such as a visit to see friends or a visit to a second recreation site, can be treated as a complementary good and analyzed using conventional theory. We also show that the analysis applies whether the side trips are incidental or joint. In a simple application we find that failing to account for incidental consumption appears to create little bias in valuing recreation sites.
Volume (Year): 26 (1997)
Issue (Month): 1 (April)
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- Robert Mendelsohn & John Hof & George Peterson & Reed Johnson, 1992. "Measuring Recreation Values with Multiple Destination Trips," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 926-933.
- V. Kerry Smith & Raymond J. Kopp, 1980. "The Spatial Limits of the Travel Cost Recreational Demand Model," Land Economics, University of Wisconsin Press, vol. 56(1), pages 64-72.
- Englin Jeffrey & Shonkwiler J. S., 1995. "Modeling Recreation Demand in the Presence of Unobservable Travel Costs: Toward a Travel Price Model," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 368-377, November.
- Abraham E. Haspel & F. Reed Johnson, 1982. "Multiple Destination Trip Bias in Recreation Benefit Estimation," Land Economics, University of Wisconsin Press, vol. 58(3), pages 364-372.