A Utility Approach to the Valuation of Recreational and Aesthetic Experiences
作者:
J. A. Sinden,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1974)
卷期:
Volume 56,
issue 1
页码: 61-72
ISSN:0002-9092
年代: 1974
DOI:10.2307/1239347
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractA method for valuing extra‐market benefits is proposed and tested. The method rests on the empirical derivation of utility functions and indifference maps. Demand schedules were obtained from the indifference maps to provide specific benefit values. The method is compared to the conventional travel‐cost method for valuing recreational benefits. It is argued that the utility approach is cenceptually superior. Also, the utility data comprised both the benefit values from the indifference maps and direct survey responses as surrogates for utility. These data proved better predictors of consumption than the usual travel‐cost variables.
点击下载:
PDF
(1001KB)
返 回