Measuring the cost of time in recreation demand analysis: an application to sportfishing

Extract: This paper offers a method of estimating the opportunity cost of time in the demand for recreation. It can be used simultaneously with travel cost analysis, requiring only the interviewee's wage rate or income as additional data

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Bibliographic Details
Published in:American journal of agricultural economics 1981-02, Vol.63 (1), p.153-156
Main Authors: McConnell, K.E, Strand, I
Format: Article
Language:English
Subjects:
Cost estimates
Economic costs
Economic value
Fishers
Opportunity costs
Outdoor recreation
Recreation
Recreation demand
Travel expenses
Travel time
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Description
Summary:Extract: This paper offers a method of estimating the opportunity cost of time in the demand for recreation. It can be used simultaneously with travel cost analysis, requiring only the interviewee's wage rate or income as additional data
ISSN:0002-9092
1467-8276
DOI:10.2307/1239822