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A new revenue model for travel intermediaries in South Africa: The negotiated approach

โœ Scribed by Berendien Lubbe


Book ID
116694792
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
301 KB
Volume
12
Category
Article
ISSN
0969-6989

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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