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Rider Preferences and Economic Values for Equestrian Trails

Author

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  • Hu, Wuyang
  • Pelton, Marie E.
  • Pagoulatos, Angelos

Abstract

Recreational horseback riding is an important but less studied component of the equine industry. Using choice experiment data collected from a survey conducted in Kentucky, this study assesses rider preferences and economic values associated with various equestrian trail characteristics. Results indicate that although individuals have different opinions, trail characteristics such as length of trail, scenic views, and distance from home all have significant economic implications. In addition, riders prefer trails that are restricted for horse-riding only. Policy implications on maintaining current and creating new trails are given based on these results.

Suggested Citation

  • Hu, Wuyang & Pelton, Marie E. & Pagoulatos, Angelos, 2012. "Rider Preferences and Economic Values for Equestrian Trails," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 123212, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea12:123212
    DOI: 10.22004/ag.econ.123212
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    Cited by:

    1. Halkos, George E & Aslanidis, Panagiotis-Stavros & Landis, Conrad & Papadaki, Lydia & Koundouri, Phoebe, 2024. "A review on primary and cascading hazards by exploring individuals’ willingness-to-pay for urban sustainability policies," MPRA Paper 122262, University Library of Munich, Germany.

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    Keywords

    Land Economics/Use; Resource /Energy Economics and Policy;

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