A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

Indrila Guha () and Santadas Ghosh

Working Papers from eSocialSciences

Abstract: The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist for estimating the value of a recreational site. The Contingent Valuation Method (CVM), as a ‘stated preference’ valuation technique, circumvents the absence of markets for environmental goods. this method does not record visitors’ actual behaviour, literature on such techniques indicates that when there is a market for the service to be valued, CVM should be avoided. That is why the Travel Cost Method (TCM) is chosen. The study relied on a primary survey of a sample of visitors to the Indian Sundarban from November 2005 to March 2006. [SANDEE].

Keywords: world heritage; Zonal Travel Cost Model; Consumer Surplus; Optimum Entry Fee; heritage; Indian Sundarban; mangrove ecosystem; ecosystem; India; Bangladesh; Contingent Valuation Method (CVM); Travel Cost Method (TCM); travel; sundarban; primary survey; market (search for similar items in EconPapers)
Date: 2009-08
New Economics Papers: this item is included in nep-cul, nep-cwa and nep-tur
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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