The Opportunity Cost of Travel Time in Recreation Demand Models

V. Smith, William H. Desvousges and Matthew P. McGivney

Land Economics, 1983, vol. 59, issue 3, 259-278

Abstract: Deciding how to allocate forage among animals is a fundamentally important process in range management. The wisdom of these decisions can be enhanced by estimating the marginal value of forage needed by competing species. We present a method for ...

Date: 1983
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