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MEASURING RECREATION VALUES WITH MULTIPLE DESTINATION TRIPS
Robert Mendelsohn and 3 other contributors
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Mendelsohn, R. ., HOF, J. ., Peterson, G. ., & JOHNSON, R. . (1992). MEASURING RECREATION VALUES WITH MULTIPLE DESTINATION TRIPS. AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 74(4), 926-933. https://doi.org/10.2307/1243190 (Original work published 2024)
Abstract
Traditional travel cost analysis has either ignored multiple destination trips or arbitrarily allocated trip costs across visited sites. In this paper, combinations of multiple destinations are treated as unique sites and incorporated into a demand system. Empirical demand functions for multiple destination trips that include Bryce National Park are estimated. Consumer surplus calculations for single destination and multiple destination trips are compared.