Rider Preferences and Values of Equestrian Trail Characteristics in Kentucky

Marie E. Pelton, Wuyang Hu and Angelos Pagoulatos

No 103624, 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania from Agricultural and Applied Economics Association

Abstract: A conjoint analysis of equestrian trail characteristics (trail length, scenic views, open land, bathroom/shower facilities, restricted use, distance, and entrance fee) is conducted for the state of Kentucky. The conditional logit results show location is an important determiner of willingness to pay. In particular, scenic views and restricted use are highly valued (WTP above $20). However, increased distance from home to the trail results in a negative willingness to pay.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 2
Date: 2011
New Economics Papers: this item is included in nep-dcm and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea11:103624

DOI: 10.22004/ag.econ.103624

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