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Simulation of Water Recreation Users' Decisions

Land EconomicsPublished 1 August 1973
Jack E. Gaumnitz, Robert L. Swinth, John O. Tollefson
Citations7
SJR quartileQ2
SJR score0.69
SNIP0.67

Abstract

function provides about the number of recreationists who are willing to pay various amounts for a given recreation experience. Discussion and application of this methodology may be found in Clawson and Knetsch, Seckler, Stoevner and Brown, Trice and Wood, and Beardsley.' For evaluating proposed facilities, estimating a demand function by observing behavior is not possible. One may turn to less elegant methods of cost-benefit analysis in which recreation usage is projected and the value of a unit of recreation is treated separately without the benefit of information provided by a demand function. For example, a meritweighted user-day approach is suggested by Mack and Meyers and in an analysis by Davidson, Adams, and Seneca the value of a unit of recreation is

Keywords

PsychologyEconomics, Econometrics and FinanceEngineering