The individual travel-cost method and the value of recreation: the case of the Montgomery and Lancaster Canals
The purpose of this study was to demonstrate the use of the individual travel-cost method by using it to value informal recreation along the Montgomery and Lancaster Canals. Informal recreation covers all activities such as walking and sightseeing, for which no price or entry fee is charged. Consumer surplus on each type of informal recreation was estimated by the individual travel-cost method: assessment of how much people were prepared to pay to undertake different activities. The Montgomery and Lancaster Canals provide examples against which to compare consumer surplus from informal recreation against public subsidies for their operation.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:pio:envirc:v:8:y:1990:i:3:p:315-326. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond)
If references are entirely missing, you can add them using this form.