Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira

Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira

The economic assessment of non-marketed resources (i.e., cultural heritage) can be developed with stated or revealed preference methods. Travel cost method (TCM) is based on the demand theory and assumes that the demand for a recreational site is inversely related to the travel costs that a certain...

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Bibliographic Details
Main Authors: Saúl Torres-Ortega, Rubén Pérez-Álvarez, Pedro Díaz-Simal, Julio Manuel de Luis-Ruiz, Felipe Piña-García
Format: Article
Language:English
Published: MDPI AG 2018-07-01
Series:Sustainability
Subjects:
economic valuation
travel cost method
Altamira
Neocave
UNESCO
Online Access:http://www.mdpi.com/2071-1050/10/7/2550

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