An inclusion of willingness to pay as an independent variable in the individual travel cost model
The economic value of the resources available at a site can be shown in terms of the benefits gained by the visitors in a quantitative or monetary value. The benefits gained by the visitors could be estimated by using the demand of visitors to the site using the concept of consumer surplus. Travel c...
| Main Authors: | , , , |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2013
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/41294/ http://psasir.upm.edu.my/id/eprint/41294/1/41294.pdf |