Compensatory Restoration in a Random Utlity Model of Recreation Demand

Compensatory Restoration in a Random Utlity Model of Recreation Demand

Primary Country: United States
Ecosystem: beach
Sample Value Estimates:
  1. $75: average round trip cost to chosen site (bea
  2. ,
  3. $6.4- $43: Mean Absolute Difference between Compensation and Loss (2001$) for Top 25 Individual Projects to Pass Kaldor-Hicks Test
Methodology: travel cost
Region: Americas / Gulf of Mexico

Publication information

Parsons, G. Kang, A. “Compensatory Restoration in a Random Utlity Model of Recreation Demand” Contemporary Economic Policy: Western Economic Association International, 2010

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