Compensating Variation for Recreational Policy: A Random Utility Approach to Boating in Florida

Compensating Variation for Recreational Policy: A Random Utility Approach to Boating in Florida

Primary Country: United States
Ecosystem: shelf sea
Sample Value Estimates:
  1. $423.94 per boater: annual estimate per boater needed to compensate loss due to imposition of speed zone
Methodology: travel cost
Region: Americas / Atlantic
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Thomas, Michael Stratis, Nicholas “Compensating Variation for Recreational Policy: A Random Utility Approach to Boating in Florida” Resource Economics, 2002

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