Estimating the Benefits of Beach Recreation: An Application of the Contingent Valuation Method
This study presents an application of the dichotomous choice contingent valuation method to estimate the benefits of beach recreation in Port Dickson. The logit and probit models were used to analyse the data and the willingness-to-pay values were computed from the maximum likelihood estimates. Th...
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| Format: | Article |
| Language: | English English |
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Universiti Putra Malaysia Press
1995
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| Online Access: | http://psasir.upm.edu.my/id/eprint/3062/ http://psasir.upm.edu.my/id/eprint/3062/1/Estimating_the_Benefits_of_Beach_Recreation_An_Application.pdf |
| _version_ | 1848839424518914048 |
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| author | R. Abdullah, Nik Mustapha |
| author_facet | R. Abdullah, Nik Mustapha |
| author_sort | R. Abdullah, Nik Mustapha |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study presents an application of the dichotomous choice contingent valuation method to estimate the
benefits of beach recreation in Port Dickson. The logit and probit models were used to analyse the data and
the willingness-to-pay values were computed from the maximum likelihood estimates. The median willingnessto-
pay value for beach recreation in Port Dickson ranged from RM55.01 to RM534.80 for mean income of
RM404.56 to RM3933.30, respectively. These values can be used by policy-makers to compute the annual total
benefits obtainable from this multiple-use resource. |
| first_indexed | 2025-11-15T07:11:14Z |
| format | Article |
| id | upm-3062 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T07:11:14Z |
| publishDate | 1995 |
| publisher | Universiti Putra Malaysia Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-30622013-05-27T07:05:27Z http://psasir.upm.edu.my/id/eprint/3062/ Estimating the Benefits of Beach Recreation: An Application of the Contingent Valuation Method R. Abdullah, Nik Mustapha This study presents an application of the dichotomous choice contingent valuation method to estimate the benefits of beach recreation in Port Dickson. The logit and probit models were used to analyse the data and the willingness-to-pay values were computed from the maximum likelihood estimates. The median willingnessto- pay value for beach recreation in Port Dickson ranged from RM55.01 to RM534.80 for mean income of RM404.56 to RM3933.30, respectively. These values can be used by policy-makers to compute the annual total benefits obtainable from this multiple-use resource. Universiti Putra Malaysia Press 1995 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/3062/1/Estimating_the_Benefits_of_Beach_Recreation_An_Application.pdf R. Abdullah, Nik Mustapha (1995) Estimating the Benefits of Beach Recreation: An Application of the Contingent Valuation Method. Pertanika Journal of Social Sciences & Humanities, 3 (2). pp. 155-162. ISSN 0128-7702 English |
| spellingShingle | R. Abdullah, Nik Mustapha Estimating the Benefits of Beach Recreation: An Application of the Contingent Valuation Method |
| title | Estimating the Benefits of Beach Recreation: An Application
of the Contingent Valuation Method |
| title_full | Estimating the Benefits of Beach Recreation: An Application
of the Contingent Valuation Method |
| title_fullStr | Estimating the Benefits of Beach Recreation: An Application
of the Contingent Valuation Method |
| title_full_unstemmed | Estimating the Benefits of Beach Recreation: An Application
of the Contingent Valuation Method |
| title_short | Estimating the Benefits of Beach Recreation: An Application
of the Contingent Valuation Method |
| title_sort | estimating the benefits of beach recreation: an application
of the contingent valuation method |
| url | http://psasir.upm.edu.my/id/eprint/3062/ http://psasir.upm.edu.my/id/eprint/3062/1/Estimating_the_Benefits_of_Beach_Recreation_An_Application.pdf |