Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

University of Kentucky

1968

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

Application Of Marginal Economic Analysis To Reservoir Recreation Planning, John Ellis Sirles Iii, L. Douglas James Jan 1968

Application Of Marginal Economic Analysis To Reservoir Recreation Planning, John Ellis Sirles Iii, L. Douglas James

KWRRI Research Reports

Recreation visitation and cost data at three reservoirs in the Ohio River Valley (Rough River, Dewey, and Winton Woods) were analyzed in an attempt to derive a method by which the optimum level of reservoir recreation development could be determined by marginal economic analysis.

The visitation data were used to determine factors expressing the time distribution of facility use, capacity coefficients, and realized benefits. The cost data were used to estimate annual cost, and marginal cost as functions of annual visitation. Marginal cost and marginal benefit data were combined to find the optimum size.

Potential visitation to Winton Woods was …