Comparing the Economic Value of Mountain Biking Estimated Using Revealed and Stated Preference
Peter Fix and
John Loomis
Journal of Environmental Planning and Management, 1998, vol. 41, issue 2, 227-236
Abstract:
This research compares non-market valuation techniques by applying a count data travel cost method (TCM) and dichotomous choice contingent valuation method (CVM) to a form of recreation for which it has not been previously applied: mountain biking. Due to mountain biking's increasing popularity these estimates of benefits may be useful in addressing conflicts. One of the most famous mountain biking sites in the US (Moab, Utah) was chosen as the site for which to apply these two models. The benefits that were estimated for trips taken in the spring of 1996 are US$205 and US$235,for the TCM and CVM, respectively.These values are not statistically different using conventional significant levels.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jenpmg:v:41:y:1998:i:2:p:227-236
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DOI: 10.1080/09640569811731
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