The Value of the View: Valuing Scenic Quality Using Choice and Contingent Valuation Models
Mathews LG, Kask S, Stewart S. 2004. The Value of the View: Valuing Scenic Quality Using Choice and Contingent Valuation Models. Pages 27 pages. In American Agricultural Economics Association Annual Meeting. Denver, Colorado. August 1-4, 2004
ABSTRACT: Scenic beauty contributes to residents’ quality of life and also serves to attract visitors to recreational areas. Because of the dyna mic relationship between people, land, and rural development, there is an increasing interest in estimating the value of scenic quality using nonmarket valuation techniques. This study estimates the value of scenic quality to Blue Ridge Parkway visitors using choice and contingent valuation models. Results suggest that further research into respondent perceptions of CM and CVM models, and the conditions under which they yield comparable estimates, is warranted.
- Type
- Conference Proceeding Paper
- Authors
- Mathews, Leah; Kask, Susan; Stewart, Steven
- Units
- BLRI
- Keywords
- APHN, Appalachian Highlands Network, BLRI, Blue Ridge Parkway, economics, scenic quality, scenic values, SER, social science, Southeast Region, visitor experience, vistas