Rationing Preferences and Spending Behavior of Visitors to a Scarce Recreational Resource with Limited Carrying Capacity
This paper empirically investigates the factors influencing the preference of a visitor over three rationing systems. The First-Come-First-Served system is preferred by young, short-distance visitors. A Variable Admission Fee system is preferred by visitors of a high household disposable income, small-sized family, and a lower educational level. An Advanced Reservation system is a risk averse strategy preferred by long-distance visitors, of high educational level, planning to visit many places in the wider recreational area. The spending behavior of the three groups of visitors according to choice of rationing system differs in quantitative and qualitative terms.
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