Article Details
Travel cost method is an example of revealed preference valuation which estimates the use value of non-market goods, such as sites used for leisure and recreation, by assessing how much it costs individuals to access them. By establishing how much it costs the individual to access these sites e.g., a local football stadium or swimming pool, in terms of travel and time, a proxy for the value of the non-market good can be established.
Latest News
View All
As 2024 comes to a close, we reflect on another successful year supporting clients with a wide range of bid and tender services.
Bid writing skills are a crucial element for any business looking to expand their portfolio of contracts and grow their revenue.
The government’s proposed budget will impact regarding how public sector bodies allocate funding for contracts.