Date of Award:

5-1994

Document Type:

Thesis

Degree Name:

Master of Arts (MA)

Department:

Economics and Finance

Committee Chair(s)

John Keith

Committee

John Keith

Committee

Terry Glover

Committee

Bruce Godfrey

Abstract

The intent of this thesis is to compare contingent valuation methods (CVM) and travel cost methods (TCM) to estimate consumer surplus for boaters and anglers in northern Utah. TCM results are about three times that of CVM. Several limitations are noted, specifically that CVM solicits given willingness to pay (WTP for specific reservoir sites. TCM analyzes aggregated trips to reservoirs with a wide array of site characteristics.

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Comments

The intent of this thesis is to compare contingent valuation methods (CVM) and travel cost methods (TCM) to estimate consumer surplus for boaters and anglers in northern Utah. TCM results are about three times that of CVM. Several limitations are noted, specifically that CVM solicits given willingness to pay (WTP for specific reservoir sites. TCM analyzes aggregated trips to reservoirs with a wide array of site characteristics.

Included in

Economics Commons

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