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The New Economics Of Outdoor Recreation

Edited by Nick Hanley, University of St Andrews, UK, W. Douglass Shaw, Professor, Department of Agricultural Economics and Department of Recreation, Park and Tourism Sciences, Texas A&M University, US and Robert E. Wright, The Fraser of Allander Institute, University of Strathclyde, UK
This innovative book presents a series of up-to-date analyses of the economics of outdoor recreation. The distinguished group of authors covers real-world recreation management issues and applies economic understanding to these problems. An extensive introduction by the editors details the historical background of economists’ interests in this subject, and reveals how economics can provide practical insights into improving how we manage our natural recreation areas.
Extent: 352 pp
Hardback Price: £100.00 Online: £90.00
Publication Date: 2003
ISBN: 978 1 84064 985 7
Availability: In Stock
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  • Economics and Finance
  • Environmental Economics
  • Environment
  • Environmental Economics
This innovative book presents a series of up-to-date analyses of the economics of outdoor recreation. The distinguished group of authors covers real-world recreation management issues and applies economic understanding to these problems. An extensive introduction by the editors details the historical background of economists’ interests in this subject, and reveals how economics can provide practical insights into improving how we manage our natural recreation areas.

The book is divided into three parts, each of which focuses on a specific environmental resource: mountains, forests, and rivers and the sea. An array of valuation methods – including stated preference and revealed preference techniques – are then applied to various outdoor recreation activities which occur in these different settings. These include such diverse pursuits as rock climbing, skiing, fishing, hunting and whale watching. The authors clearly demonstrate how recreation modelling can offer a productive link between people (their preferences and behaviour) and the natural environment.

With extensive empirical examples from Europe and North America, this book will be of great value to economists, governments and NGOs who are interested in the environment, development and tourism. It will also be a valuable source of reference for policymakers concerned with land use and natural resource management, and students of environmental and resource economics.
Contributors: W. Adamowicz, B. Alvarez-Farizo, I.J. Bateman, R.P. Berrens, P.C. Boxall, J.S. Brainard, W.S. Breffle, S.M. Chilton, J. Englin, T. Grijalva, N. Hanley, W.G. Hutchison, P.M. Jakus, A.P. Jones, D.M. Larson, J. Louviere, A.A. Lovett, D.M. Massey, T. McCallion, N. Milne, E.R. Morey, G.R. Parsons, M. Riddel, G. Riddington, R.D. Rowe, R. Scarpa, S.L. Shaikh, W.D. Shaw, J.S. Shonkwiler, C. Sinclair, J. Swait, T. Tempesta, M. Thiene, D.M. Waldman, D.O. Watson, M. Williams, R.E. Wright
Contents: 1. Introduction Part I: The Mountains 2. Valuing Rock Climbing and Bouldering Access 3. Using Economic Instruments to Manage Access to Rock-Climbing Sites in the Scottish Highlands 4. Valuing Recreational Resources using Choice Experiments: Mountaineering in Scotland 5. Are Climbers Fools? Modeling Risky Recreation 6. Non-Participation, Demand Intensity and Substitution Effects in an Integrable Demand System: The Case of Day Trips to the North-Eastern Alps 7. Modelling Choice and Switching Behaviour Between Scottish Ski Centres Part II: Forests 8. Spatial Distribution versus Efficiency Effects of Forest Recreation Policies Using a Regional Travel Cost Model 9. Perceptions versus Objective Measures of Environmental Quality in Combined Revealed and Stated Preference Models of Environmental Valuation 10. Using Geographical Information Systems (GIS) to Estimate and Transfer Recreational Demand Functions 11. Backcountry Recreationists’ Valuation of Forest and Park Management Features in Wilderness Parks of the Western Canadian Shield Part III: Rivers and the Sea 12. A Random Utility Model of Beach Recreation 13. A Finite Mixture Approach to Analyzing Income Effects in Random Utility Models: Reservoir Recreation Along the Columbia River 14. Whalewatching Demand and Value: Estimates from a New ‘Double-Semilog’ Empirical Demand System 15. Estimating Recreational Trout Fishing Damages in Montana’s Clark Fork River Basin: Summary of a Natural Resource Damage Assessment Index