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Filtering by: Committee Member Vars, R. Charles

Distortions to travel cost derived demand curves : water quality and durable goods

Creator:

Garifo, Susan E.

Abstract:

The travel cost method of deriving demand and value of recreation does not include fixed costs of recreational durable goods purchases or allow for supply restrictions on the number of suitable sites available. The omission of these two real-world situations results in derivation of demand curves which are more inelastic...

Resource Type:

Dissertation