A method is presented in this study for improving
empirical travel cost analyses when truncated data are
available. The analysis expands upon a Monte Carlo study
conducted by Riyadi (1993) which compared the coefficient
and consumer surplus estimates for five travel cost
estimators using both truncated and censored data. Riyadi...
Objective of this study was to compare accuracy of
several travel cost methods, by employing Monte Carlo
simulations in the single site framework. Estimates from
five methods were compared to the "true" travel cost
coefficient and "true" consumer surplus. Each method was
ranked, using the root mean squared error (RMSE)...