This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities.
The authors have brought together a collection of papers by top applied environmental economists, providing professional economists and policy analysts with a comprehensive reference on the current state-of-the-art in recreation demand analysis. The papers encompass both the theory of welfare measurement and practical applications.
This volume will be essential reading for those interested in 'tooling up' on revealed preference approaches. For long-term practitioners, the papers provide an invaluable reference on recent developments in their field.
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Edited by Joseph A. Herriges, Associate Professor of Economics and Catherine L. Kling, Professor of Economics, Iowa State University, US
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