publication . Preprint . 2003

Leisure and Travel Choice

María José Caride; Eduardo L. Giménez;
Open Access
  • Published: 01 Sep 2003
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.
free text keywords: Budget Set, Temporal Constraint, Transportation Demand, Travel Decision, Modal Choice, Demand Generation, Recreational Demand, Travel Cost Method, jel:D11, jel:R41, jel:Q26
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