A new model for the travel cost method:
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Aaron J. Douglas; Jonathan G. Taylor
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Article
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1998
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Elsevier Science
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English
โ 176 KB
This paper discusses the empirical and theoretical underpinnings of the travel cost method (TCM) for estimating nonmarket benefits at an outdoor recreation site. The conventional TCM model is simple to use and provides results that are easy to interpret. However, it does not describe the actual beha