Recreation Benefit Estimation by Consumers' Surplus: A Further Note
Abstract:The theoretical underpinnings of the consumers' surplus methodology for estimating recreation benefits are sound. Recent criticism of this method is overstated and misleading. While some practical and theoretical difficulties continue to impede routine application, the method remains the preferred one for measuring the monetary value of products which are not traded in dollar terms.
Document Type: Journal Article
Affiliations: Assistant Professor of Forestry, School of Forestry and Environmental Studies, Yale University, New Haven, Connecticut
Publication date: 1980-01-01
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- The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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