Product Description: In this two volume collection the editors have chosen a sample of some of the most essential and inspirational articles and papers for understanding revealed preference methods to value environmental amenities. The papers cover the gamut of methods that are typically classified as revealed preference approaches - including: recreation demand models, hedonic methods, and averting behavior methods, as well as efforts to combine stated and revealed preferences...read more

Product Description: This work analyzes the revealed preference approaches to modelling the demand for recreational resources. It presents a treatment of methods that rely on observed behaviour to estimate the value of environmental amenities. It encompasses the theory of welfare measurement and practical applications...read more