Tariff Determination of Safari Lodges Using the Hedonic Pricing Method
The study determined the implicit market prices for the environmental attributes of South African game reserves and safari lodges that compete in the photo-tourism industry. The Hedonic Pricing Method was used to infer values for these attributes, which had no direct market price. A methodology was devised, which used tariff per person sharing as the proxy for the market price. This dependent variable was regressed against twenty environmental explanatory variables for 351 camps in South Africa. The Double Log Model was developed as the model of preference. The findings of the model were discussed to determine its relevance in the present gam…
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Produktdetails
- ISBN: 978-3-330-31738-3
- EAN: 9783330317383
- Produktnummer: 37524302
- Verlag: LAP Lambert Academic Publishing
- Sprache: Englisch
- Erscheinungsjahr: 2017
- Seitenangabe: 64 S.
- Masse: H22.0 cm x B15.0 cm x D0.4 cm 113 g
- Abbildungen: Paperback
- Gewicht: 113
Über den Autor
Michael Wright has worked as an ecotourism and environmental consultant in the Southern African region for 15 years. His work vision is to achieve environmental conservation, successful enterprise and social development in and between protected ecosystems. He lives in Durban, South Africa, with his beautiful wife, and amazing son and daughter.
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