title: Three approaches to time valuation in recreation demand: a study of the Snake River recreation area in eastern Washington.
abstract: Three travel cost models are used to estimate non-fishing recreation demand at the Snake River reservoirs recreation area in eastern Washington. The opportunity cost of time is specified in the "traditional" and McConnell-Strand models as a fraction of the exogenous market wage rate and in the two-step decision model as a function of socioeconomic attributes of the recreationists. Benefits per person per trip were $90, $35, and $46 respectively, for the three models. Boaters visit the site more than three times as often as non-boaters resulting in higher annual benefits for boaters.
authors.affiliation: AEI Economic Consultants, PO Box 120, Masonville, CO 80541, USA. AG_ENT@MSN.COM
authors.forename: John R
authors.initials: JR
authors.lastname: McKean
authors.forename: Donn
authors.initials: D
authors.lastname: Johnson
authors.forename: R G
authors.initials: RG
authors.lastname: Taylor
mesh_terms: D003247:Conservation of Natural Resources; D008962:Models, Theoretical; D011998:Recreation; D045483:Rivers; D014861:Washington