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  • 标题:Use of Dichotomous Choice Contingent Valuation Method to Value the Manukan Island, Sabah
  • 本地全文:下载
  • 作者:Alias Radam ; Shazali Abu Mansor
  • 期刊名称:Pertanika Journal of Social Sciences & Humanities
  • 印刷版ISSN:0128-7702
  • 电子版ISSN:2231-8534
  • 出版年度:2005
  • 卷号:13
  • 期号:1
  • 出版社:Universiti Putra Malaysia
  • 摘要:This study presents the application of dichotomous choice contingent valuation method (CVM) to value outdoors-recreational resources in Manukan Island, Sabah. Both the logit and probit models are used to analyze the primary data obtained through personal interview. The maximum likelihood estimates of this model show that income and price are significant variables in determining one is willingness to pay (WTP). The WTP figure derived from the model shows that it is much higher than present fees charged to the visitors. This study has also estimated the revenue that could be derived is the fees were charged according to the WTP framework.
  • 关键词:Dichotomus contingent valuation method; outdoors-recreational resources; willingness to pay; Manukan Island
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