Valuation tools - travel cost method, Public Economics

Valuation Tools - Travel Cost Method

This method assumes that the consumer is willing to incur substantial cost (in terms of time or money) to procure certain environmental goods or services.

It has been widely used in developed countries to measure the value of recreational facilities the value of the environmental service, in this case, is equal to the opportunity cost of time spent and the travel cost incurred by the visitors.

Posted Date: 12/18/2012 5:16:47 AM | Location : United States







Related Discussions:- Valuation tools - travel cost method, Assignment Help, Ask Question on Valuation tools - travel cost method, Get Answer, Expert's Help, Valuation tools - travel cost method Discussions

Write discussion on Valuation tools - travel cost method
Your posts are moderated
Related Questions

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

The news release is the ‘granddaddy' of public relations writing vehicles. (a) As a PR student, show the main points you would consider when attempting to write an effective ne

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Question 1: i. Explain the likely effects of a recession on a government's budget? ii. How is the operation of fiscal policy supposed to affect the level of economic activ

Question 1: " Public policy gives one a better understanding of what governments do, why they do what they do and what difference public policy makes to the lives and circumst

Flaws in Conventional System -  Inconsistent Treatment Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftIntern

need assignment on supply and money

Question: Describe the main measures of size and/or cutoff point below which economies are classed as small? In 1982 the Development Committee of the World Bank and the Int

There has been a long history of research on ‘the policy process' which is ‘closely connected to efforts to examine the nature of power in society and to specify the necessary cond