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Recreational Activities and Nonmarket Valuation: The Conceptualization Issue

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  • Stoll, John R.

Abstract

Recreational pursuits have been discussed by economists and others involved in the planning of public sector investment since early in the 1930s. This discussion developed from a peripheral concern to an intense interest as legislative legitimacy was gained for the use of recreational benefit measures to justify public sector investment in multiple purpose river developments. The history of recreation benefit assessment has been adequately discussed elsewhere. In this paper, the justification for inclusion of recreation benefits in economic analyses is not addressed. However, it is worth noting that emphasis has shifted over time from an almost exclusive concern with recreation opportunities provided by development activities to an emphasis upon the recreation opportunities lost in that process as well.

Suggested Citation

  • Stoll, John R., 1983. "Recreational Activities and Nonmarket Valuation: The Conceptualization Issue," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 119-125, December.
    • Handle: RePEc:cup:jagaec:v:15:y:1983:i:02:p:119-125_01
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    Cited by:

    1. Utpal Kumar De & Amrita Devi, 2011. "Valuing Recreational and Conservational Benefits of a Natural Tourist Site: Case of Cherrapunjee," Journal of Quantitative Economics, The Indian Econometric Society, vol. 9(2), pages 154-172, July.
    2. Alvarez, Sergio & Larkin, Sherry L., 2008. "Valuing Recreational Benefits of a National Park in Andean Colombia," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6732, Southern Agricultural Economics Association.

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