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A Suggested Basis for Pricing Campsites

Demand Estimation in an Ontario Park

Bibliographic Data

ID10137387
AuthorsJ C Nautiyal (corresponding author), R L Chowdhary
Year1975
Volume7
Issue2
Pages95-107
Publication date1975-04-01
Open AccessNo
TypeARTICLE
VenueJournal of Leisure Research (JOURNAL)
Journal identifiersISSN: 0022-2216 • E-ISSN: 2159-6417
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/00222216.1975.11970222
OpenAlexW344146450
LanguageEN
Citations received1
References cited10

Camping season at a public park is divided into groups of days (experience types) that exhibit different demands. The consumer surplus and demand for each type is estimated by Pearse's method. Experience types are treated as jointly produced goods from a physical campsite, and the composite demand curve for campsites is obtained by vertical summation of the demand curves for each experience type. Marginal benefits of the campsites are equated with average costs of construction being incurred by park authorities to determine the optimal number of campsites for the park. Based on the results, a discriminatory pricing system is suggested so that camping fees will more accurately reflect the marginal benefits of the last campsite on any given day

Basis (linear algebra · Econometrics · Economics · Estimation · Geography · Art History and Market Analysis · Consumer Market Behavior and Pricing · Economic and Environmental Valuation · Mathematics

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Highly citedNo

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