The Contingent Valuation Method (CVM) and the Travel Cost Method (TCM) are used to measure non-market transactions, such as recreational experiences in nature-based coastal recreational areas. The purpose of this study was to find mean Willingness to Pay (WTP) for an average recreational experience in a Puerto Rico beach, based on surveys conducted in eight beach facilities. Using the Logistic Regression Model, the odds of acceptance of the visitor to pay more for their recreational experience (based on a hypothetical increase in transportation costs) was determined. Mean WTP for all beaches surveyed using CVM was $66.30. It was also determined that mean WTP for Blue Flag beaches ($73.37) was greater than that of beaches without this designation ($53.82). Using TCM, the Negative Binomial Count Model was incorporated to predict the average number of visits within a 12 month period. TCM WTP proved to be $35.05.
Based on the results of this study it is proposed that a business plan be developed for a Blue Flag beach in Northeast Puerto Rico operating at a loss, based on the recovery of marginal WTP or Consumer Surplus. The results of this study may be useful for managers of coastal recreational facilities and government agencies concerned with tourism economics in Puerto Rico.
Some files may require a special program or browser plug-in. More Information
|Advisor:||Santiago-Acevedo, Luis E.|
|Commitee:||Barreto-Orta, Maritza, Loomis, John|
|School:||University of Puerto Rico, Rio Piedras (Puerto Rico)|
|School Location:||United States -- Puerto Rico|
|Source:||MAI 55/04M(E), Masters Abstracts International|
|Subjects:||Environmental economics, Recreation|
|Keywords:||Beaches, Logit model, Negative binomial model, Puerto rico, Travel cost method, Willingness to pay|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
The supplemental file or files you are about to download were provided to ProQuest by the author as part of a
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
Copyright of the original materials contained in the supplemental file is retained by the author and your access to the
supplemental files is subject to the ProQuest Terms and Conditions of use.
Depending on the size of the file(s) you are downloading, the system may take some time to download them. Please be