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A Hedonic Travel Cost Analysis for Valuation of Multiple Components of Site Quality: The Recreation Value of Forest Management
This study found that wilderness trail users are willing to travel farther (and therefore spend more) to reach trails with campgrounds, old-growth forests, and views. Conversely, they avoid trails with long dirt road approaches and clear-cuts visible from the trail.
Citation
Englin, J. and R. Mendelsohn. 1991. “A hedonic travel cost analysis for valuation of multiple components of site quality: the recreation value of forest management.” Journal of Environmental Economics and Management 21(3): 275-290.