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Bias in Recreation Benefit Estimates: Further Evidence

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  • Livengood, Kerry R.

Abstract

Based on data from deer hunting leases in Texas, a simultaneous model of the demand for deer hunting trips, time spent at hunting sites per trip, and actual hunting lease cost is compared to demand derived by the travel cost method. The results suggest that bias associated with estimates of willingness-to-pay increases as travel cost decreases.

Suggested Citation

  • Livengood, Kerry R., 1981. "Bias in Recreation Benefit Estimates: Further Evidence," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279406, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279406
    DOI: 10.22004/ag.econ.279406
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    References listed on IDEAS

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    1. 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.
    2. Burt, Oscar R & Brewer, Durward, 1971. "Estimation of Net Social Benefits from Outdoor Recreation," Econometrica, Econometric Society, vol. 39(5), pages 813-827, September.
    3. Bishop, Richard C. & Heberlein, Thomas A., 1979. "Measuring Values Of Extramarket Goods: Are Indirect Measures Biased?," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Michael D. Bowes & John B. Loomis, 1980. "A Note on the Use of Travel Cost Models with Unequal Zonal Populations," Land Economics, University of Wisconsin Press, vol. 56(4), pages 465-470.
    5. Bradford, David F. & Hildebrandt, Gregory G., 1977. "Observable preferences for public goods," Journal of Public Economics, Elsevier, vol. 8(2), pages 111-131, October.
    6. William G. Brown & Farid Nawas, 1973. "Impact of Aggregation on the Estimation of Outdoor Recreation Demand Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(2), pages 246-249.
    7. Kenneth E. McConnell, 1977. "Congestion and Willingness to Pay: A Study of Beach Use," Land Economics, University of Wisconsin Press, vol. 53(2), pages 185-195.
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