Incidental and Joint Consumption in Recreation Demand
George Parsons and
Aaron J. Wilson
Agricultural and Resource Economics Review, 1997, vol. 26, issue 1, 1-6
Abstract:
A theory for analyzing incidental consumption in a single site recreation demand model is presented. We show that incidental consumption on a recreation trip, such as a visit to see friends or a visit to a second recreation site, can be treated as a complementary good and analyzed using conventional theory. We also show that the analysis applies whether the side trips are incidental or joint. In a simple application we find that failing to account for incidental consumption appears to create little bias in valuing recreation sites.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:26:y:1997:i:01:p:1-6_00
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