Bias in Recreation Benefit Estimates: Further Evidence

Kerry R. Livengood

No 279406, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Based on data from deer hunting leases in Texas, a simultaneous model of the demand for deer hunting trips, time spent at hunting sites per trip, and actual hunting lease cost is compared to demand derived by the travel cost method. The results suggest that bias associated with estimates of willingness-to-pay increases as travel cost decreases.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 15
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279406

DOI: 10.22004/ag.econ.279406

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