Increasingly, natural environments are being changed by our
activities, and potential human uses of natural resources are often
incompatible with environmental protection goals. Travel cost
models supply economic information to estimate values in
environmental decision-making that otherwise are not available. In
the absence of this information, non-market benefits are likely to
be ignored in the decision-making process. An important question
faced by policymakers centres around the appropriate mix of
policies to provide a balance in the use of environments in their
natural state versus commodity production. Appropriate analyses of
rival policies regarding land usage depend on the availability of
data on benefits and costs. This book provides indispensable
guidance to the TCM (Travel Cost Method) methodology and its uses,
as well as highlighting areas where further development is
necessary. The book presents a self-contained treatment of TCM
along with a wide range of applications to natural resource and
environmental policy questions. It will be an indispensable tool
for policymakers in both government and NGOs, natural resource site
managers as well as academics and researchers.
General
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