Leisure and Travel Choice
María José Caride
Eduardo L. Giménez
Budget Set, Temporal Constraint, Transportation Demand, Travel Decision, Modal Choice, Demand Generation, Recreational Demand, Travel Cost Method
It is commonly recognized the relevance of transportation costs for studying recre- ational demand. However, these costs are related with travel and modal choice deci- sions. This paper o ers a theoretical explanation of the new generation of the demand for recreational goods at destiny after the introduction of a new transportation mode that is not the cheapest nor the fastest among the available modes. The main feature of the model deals with the transportation mode-dependent preferences. This set-up allow us to understand some unexplained individual behaviour found in the travel cost method.