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Title

COMPARISON OF TWO APPROACHES (DOUBLE-BOUNDED AND ONE- HALF BOUNDED DICHOTOMOUS CHOICE METHODS) IN VALUATION OF RECREATIONAL RESOURCES: CASE STUDY OF JIROFT KONAR SANDAL HILL

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 Start Page 175 | End Page 192

Abstract

 In this paper, the RECREATIONAL VALUE of the Jiroft Konar Sandal hill in Kerman was estimated. In addition to visitors' willingness-to-pay (WTP), by using CONTINGENT VALUATION METHODS, Double- Bounded and One- Half Bounded Dichotomous Choice methods were used and compared. To achieve this goal, required data were collected through filling up questionnaire and interview with a sample of 115 visitors in 2013. The results showed that the OOHB approach was better than DB approach because it had more denote significant explanatory variables and the absolute value of the logarithmic likelihood and maximum likelihood. The average willingness to pay using One- Half Bounded dichotomous choice method was 4500 Rials per visit. The result of using One-Half Bounded dichotomous choice method was a little different from willingness to pay.

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