Possibilities for including the opportunity cost of time in recreation demand systems.
The writers examine the economics underlying the connection between an individual's labor supply, the opportunity cost of time spent recreating, and his or her demand for recreational activities. They focus on demands for a recreation site that emanate from a “conditional” demand system. The idea,...
| Publicado en: | Land Economics Vol. 75; no. 4; pp. 592 - 603 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
November 1999
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511137402&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511137402 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: November 1999 vid: 75 iid: 4 pid: 249 pub: University of Wisconsin Press artinfo: ui: 511137402 10.2307/3147068 ppf: 592 ppct: 11 formats: fmt: @attributes: type: T tig: atl: Possibilities for including the opportunity cost of time in recreation demand systems. aug: au: Shaw, W. Douglass Feather, Peter su: Opportunity costs Travel costs Economic demand Mathematical models Recreation Economics sug: subj: Opportunity costs Travel costs Economic demand Mathematical models Recreation Economics ab: The writers examine the economics underlying the connection between an individual's labor supply, the opportunity cost of time spent recreating, and his or her demand for recreational activities. They focus on demands for a recreation site that emanate from a “conditional” demand system. The idea, they argue, of including time components as arguments in demand functions that are separate from the out-of-pocket costs may be a good one. After briefly reviewing separability and illustrating conditional demand systems both with and without the assumption of separability, they focus on what is typically estimated in recreation models and the way that this differs from what theory suggests in suitable. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|