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...
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| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Language: | en |
| Published: |
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/41294/1/41294.pdf http://psasir.upm.edu.my/id/eprint/41294/ http://www.conference.phuket.psu.ac.th/conference2012/proceedings/pdf/o_FHT%2011.pdf |
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