Recreation benefits and displaced facilities
Journal Article
·
· J. Leis. Res.; (United States)
OSTI ID:6423426
A new recreation site or improvement of an existing site results in an increase in demand for that site perhaps at the expense of substitute facilities. A brief literature review indicates differing views on how benefits from displaced facilities should be treated. I demonstrate that benefits of a new recreation facility can be measured as the change in consumers' surplus at the affected site and that benefits forgone at substitute sites can be ignored. However, if a change in demand for one site causes other prices to change, the net change in benefits is the sum of the increment in consumer's surplus in each affected market.
- Research Organization:
- Los Alamos National Lab., NM
- OSTI ID:
- 6423426
- Journal Information:
- J. Leis. Res.; (United States), Vol. 14:3
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
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COST BENEFIT ANALYSIS
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LAND RECLAMATION
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POLICY AND ECONOMY
54 ENVIRONMENTAL SCIENCES
RECREATIONAL AREAS
COST BENEFIT ANALYSIS
ABANDONED SITES
EVALUATION
LAND RECLAMATION
LAND USE
PUBLIC RELATIONS
WATER POLLUTION CONTROL
CONTROL
POLLUTION CONTROL
530100* - Environmental-Social Aspects of Energy Technologies- Social & Economic Studies- (-1989)
510500 - Environment
Terrestrial- Site Resource & Use Studies- (-1989)
290300 - Energy Planning & Policy- Environment
Health
& Safety