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Valuing the Opportunity Cost of Travel Time in Recreation Demand Models

An Application to Aggregate Data

Bibliographic Data

ID10137889
AuthorsJohn Hof (Rocky Mountain Research Station, corresponding author), John G Hof (USDA Forest Service Rocky Mountain Forest and Range Experiment Station 240 West Prospect Fort Collins, Colorado, 80526), Donald Rosenthal (United States Department of the Interior), Donald H Rosenthal (US Department of Interior Office of Policy Analysis 18th and C Street, NW Washington, D.C., 20241)
Year1987
Volume19
Issue3
Pages174-188
Publication date1987-07-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Leisure Research (JOURNAL)
Journal identifiersISSN: 0022-2216 • E-ISSN: 2159-6417
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/00222216.1987.11969686
OpenAlexW217209394
LanguageEN
Citations received9
References cited17

The travel cost model was used to estimate the opportunity cost of travel time for recreation trips to 11 U.S. Army Corps of Engineers reservoirs in Kansas and Missouri. The analyses are based on a 1982 sample of 60,000 day-use recreationists. The mean and median value of travel time, expressed as a proportion of the hourly wage rate, at the 11 reservoirs were 0.122 and 0.04

Aggregate (composite · Economics · Geography · Microeconomics · Opportunity cost · Recreation · Sample (material · Transport engineering · Travel behavior · Travel time · TRIPS architecture · Economic and Environmental Valuation · Engineering · Housing Market and Economics · Transportation Planning and Optimization

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Unique citing works9
Citations per year0,26
Citation span1992 - 2016 (25)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 9

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