Leisure and Travel Choice

María José Caride and Eduardo Giménez

No 403, Working Papers from Universidade de Vigo, Departamento de Economía Aplicada

Abstract: It is commonly recognized the relevance of transportation costs for studying recre- ational demand. However, these costs are related with travel and modal choice deci- sions. This paper o ers a theoretical explanation of the new generation of the demand for recreational goods at destiny after the introduction of a new transportation mode that is not the cheapest nor the fastest among the available modes. The main feature of the model deals with the transportation mode-dependent preferences. This set-up allow us to understand some unexplained individual behaviour found in the travel cost method.

Keywords: Budget Set; Temporal Constraint; Transportation Demand; Travel Decision; Modal Choice; Demand Generation; Recreational Demand; Travel Cost Method (search for similar items in EconPapers)
JEL-codes: D11 Q26 R41 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2003-09
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Persistent link: https://EconPapers.repec.org/RePEc:vig:wpaper:0403

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