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Author Kang, Ami Kyungwoo
Title Compensatory restoration of natural resource damages using a travel cost random utility model
book jacket
Descript 99 p
Note Source: Dissertation Abstracts International, Volume: 71-03, Section: A, page: 1022
Adviser: George R. Parsons
Thesis (Ph.D.)--University of Delaware, 2009
Natural resource damage assessment often requires compensation in non-monetary terms. As one way to meet this requirement, a travel cost random utility maximization model is employed in this study to find a compensatory restoration project under a hypothetical natural resource damage scenario---beaches in the Padre Island National Park, Texas, are closed for one season. A mixed logit site choice model is applied to Texas beach trip data to understand people's preference on beach characteristics and to search for a compensatory restoration project that passes a potential Kaldor-Hicks test. Also, how well a compensatory project targets damaged people is examined after identifying efficient projects. The compensatory restoration projects include cleaning a beach regularly, limiting vehicle access on the beach, providing rest rooms, offering lifeguards, and waiving a beach entrance fee if applicable
School code: 0060
Host Item Dissertation Abstracts International 71-03A
Subject Economics, General
Natural Resource Management
Alt Author University of Delaware. Marine Studies
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