This research study explores the convergent validity among the contingent valuation (CVM) and travel cost (TCM) methods specifically in the context of recreational fishing, using 1996 New York Freshwater Fishing Survey data. A three-level nested Logit model was applied to the TCM data to estimate the angler day consumer surplus value, which is then compared to estimates obtained from an open-ended CVM question. The daily surplus value estimated by TCM is $41.39, greater than the CVM estimates of ( ), but the difference was relatively small compared to other studies. These findings are supported by a number of wellcited researches discussed briefly in this study. The anglers fished a total of 18.606 Million days in 1996 hence generating an a...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
The consumer surplus or net economic value of trout fishing opportunities in eight Tennessee tailwat...
This study extends the joint estimation of revealed and stated preference data literature by account...
This research study explores the convergent validity among the contingent valuation (CVM) and travel...
Environmental goods are generally not exchangeable in the market, and, even when they are, the marke...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
To date, the validity of economic approaches to valuing nonmarket goods has not been investigated wi...
To date, the validity of economic approaches to valuing nonmarket goods has not been investigated wi...
When conducting a travel cost method (TCM) study, researchers often collect observations on actual t...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
We report results from contingent valuation studies in each of two Tasmanian fisheries that estimate...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
The Waterville fishery provides angling and other recreation amenities to the public at a nominal co...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
The consumer surplus or net economic value of trout fishing opportunities in eight Tennessee tailwat...
This study extends the joint estimation of revealed and stated preference data literature by account...
This research study explores the convergent validity among the contingent valuation (CVM) and travel...
Environmental goods are generally not exchangeable in the market, and, even when they are, the marke...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
To date, the validity of economic approaches to valuing nonmarket goods has not been investigated wi...
To date, the validity of economic approaches to valuing nonmarket goods has not been investigated wi...
When conducting a travel cost method (TCM) study, researchers often collect observations on actual t...
In this paper, estimates of value for recreational fishing are reported for three major freshwater i...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
We report results from contingent valuation studies in each of two Tasmanian fisheries that estimate...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
The Waterville fishery provides angling and other recreation amenities to the public at a nominal co...
A number of studies valuing recreation have shown that the travel cost method (TCM) generates higher...
The consumer surplus or net economic value of trout fishing opportunities in eight Tennessee tailwat...
This study extends the joint estimation of revealed and stated preference data literature by account...