Valuing Outdoor Recreational Activity: A Methodological Survey
- 1 July 1989
- journal article
- research article
- Published by Taylor & Francis in Journal of Leisure Research
- Vol. 21 (3) , 181-201
- https://doi.org/10.1080/00222216.1989.11969798
Abstract
This paper surveys the economic literature relevant to the monetary valuation of outdoor recreational activity. The paper examines issues that arise in the design and application of the Travel Cost Method, the Contingent Valuation Method, and the Hedonic Methods to valuing outdoor recreational activity and the response of researchers to these issues.Keywords
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