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Measuring Recreation Values with Multiple Destination Trips

Robert Mendelsohn, John Hof, George Peterson and Reed Johnson

American Journal of Agricultural Economics, 1992, vol. 74, issue 4, 926-933

Abstract: Traditional travel cost analysis has either ignored multiple destination trips or arbitrarily allocated trip costs across visited sites. In this paper, combinations of multiple destinations are treated as unique sites and incorporated into a demand system. Empirical demand functions for multiple destination trips that include Bryce National Park are estimated. Consumer surplus calculations for single destination and multiple destination trips are compared.

Date: 1992
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Citations: View citations in EconPapers (26)

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