Annual Fees and Recreation Choice
Eric English ()
American Journal of Agricultural Economics, 2010, vol. 92, issue 4, 1103-1113
Abstract:
Models of recreation behavior have typically ignored the role of fixed annual fees, such as the fee for a recreational license, in determining choice and welfare. We demonstrate how techniques from the literature on discrete-continuous choice and two-part tariffs can address a situation where fixed annual fees are essential to determining the choice of a recreation site. We explore how accounting for value captured by fixed fees can influence the way resource changes are assessed. Copyright 2010, Oxford University Press.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:92:y:2010:i:4:p:1103-1113
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