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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2023.
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Tag Archives: travel cost method
The Travel Cost Method – Some Pitfalls
The travel cost method is an essential tool in estimating the economic value of non-market recreational sites such as parks, but its application is rarely straightforward. Here are some of its pitfalls. Originally posted 11/8/2012. Re-posted following site reorganisation 21/6/2016. … Continue reading
Economics on the Beach
A busy beach offers an interesting economic case study. I recently spent a few days on holiday with my family in Barcelona. The weather was fine and each day we spent an hour or so on the beach. I observed … Continue reading
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