'Minimum travel cost' presentation slideshows

Linking Recreation Demand and Willingness to Pay with the Inclusive Value

Linking Recreation Demand and Willingness to Pay with the Inclusive Value. John C. Whitehead, Peter A. Groothuis, Rob Southwick. Whitehead (1995a, 1995b). X = a 0 + a 1 C + a 2 Q + a 3 Y WTP( D Q) = b 0 + b 1 C + b 2 D Q + b 3 Y where b 1 ? D X if b 1 =0, then WTP = nonuse value

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