MLchartDataset catalogue

Travel Cost Model

Term · Environment · MLC-T-ENV-028646

Revealed preference method for valuation that is done by estimating how much people spend to travel to a recreation spot; this gives some idea of what the spot is worth to the person, even though the person might not expressly apply a money value to it if asked.

Table 1. Record
IdentifierMLC-T-ENV-028646
FieldEnvironment
ReferencesThurston
Record as JSON 
{
  "id": "MLC-T-ENV-028646",
  "term": "Travel Cost Model",
  "field": "Environment",
  "definition": "Revealed preference method for valuation that is done by estimating how much people spend to travel to a recreation spot; this gives some idea of what the spot is worth to the person, even though the person might not expressly apply a money value to it if asked.",
  "references": [
    "Thurston"
  ],
  "url": "https://mlchart.com/terminology/environment/travel-cost-model/"
}

Record 28,646 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.