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travel cost method
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Journal Article
History of Political Economy (2021) 53 (S1): 293–323.
Published: 01 December 2021
...Harro Maas At the end of the 1950s, resource economists developed a method to derive demand functions for recreation sites from travel cost data for recreation planning purposes. Based on this work, a second, direct method of measurement was developed in the early sixties that became known...
Journal Article
History of Political Economy (2017) 49 (Supplement): 213–239.
Published: 01 December 2017
... to the problem based on the idea that the observed trips people
take to a recreation site and the distance they are willing to travel to it
could provide the information needed to back out a demand curve, an
approach known as the travel cost method.2 Wrestling with what sort of
theoretical construct...
Journal Article
History of Political Economy (2021) 53 (S1): 327–342.
Published: 01 December 2021
... trade cycles, 159 travel-cost method, 296 99, 305 6, 313 14 Tredoux, Gavan, 220 ...
Journal Article
History of Political Economy (1986) 18 (3): 485–495.
Published: 01 September 1986
... (4’)
This expression gives the “aggregate annual cost of transportation, with
the greatest attainable economy of power, cleared of the number of miles
traveled by the engine, and expressed in terms of the particular grade
which controls the cost of power” ( 1842, 23 1).
With this cost...
Journal Article
History of Political Economy (1989) 21 (1): 149–152.
Published: 01 March 1989
...
sciences, and for economics in particular. Yet, while this work is methodological-
philosophical in nature, it is heartening to find that it deals only briefly with
Menger’s role in the dreary, inconclusive controversy over methods with Gustav
Schrnoller and others of the German historical school...
Journal Article
History of Political Economy (1978) 10 (4): 636–668.
Published: 01 November 1978
... declared that it was the job of the engineer to
“evaluate, in money terms, the utility of the [proposed] construction,
and to compare it . . . with the costs” (pp. 106-7).
Minard’s bridge. Minard demonstrated his method of computing
social benefits in a hypothetical example which assumed...
Journal Article
History of Political Economy (2022) 54 (3): 393–414.
Published: 01 June 2022
... and the cost of food for workers that increased the cost of the manufactured goods exported (Say 2006 : 375–77). A second negative consequence was the high cost of living in the country “which has driven, towards France, Belgium, Switzerland and Italy, such crowds of English travelers” (Say 1816a : 24...
FIGURES
Journal Article
History of Political Economy (2022) 54 (3): 415–436.
Published: 01 June 2022
... in the interests and analyses of British political economists and the travelers emerged as they analyzed the events of 1825–26, despite shared concerns about costs resulting from informational asymmetries in the British economy. Political economists assigned blame for the crisis to uncertainty about the money...
Journal Article
History of Political Economy (2007) 39 (4): 679–712.
Published: 01 November 2007
..., with Regard to Trade: With Some Proposals for Removing the Principal Disadvantages of Great Britain. London: The author and T. Tyre. ____. 1758 . Instructions for Travellers . Dublin: William Watson. Turgot, Anne-Robert-Jacques. [1774] 1793 . Reflections on the Formation and Distribution of Wealth...
Journal Article
History of Political Economy (1982) 14 (3): 385–405.
Published: 01 September 1982
... with the merchant.
Romano Economic ideas of Babbage 395
and new methods of manufacturing will be introduced which lower the
costs of production, raise profits, and return wages to their former lev-
el6If, however, on the occasion of a glut “new and cheaper modes...
Journal Article
History of Political Economy (2022) 54 (3): 529–546.
Published: 01 June 2022
... Dutt was an empowering act where the gaze of the other was reversed: Indians showed that they could now also observe and study the British subject. I argue that Dutt's travels ultimately provided him with a new method to examine the world and criticize the way it was organized. mbach@aup.edu...
Journal Article
History of Political Economy (1979) 11 (2): 213–239.
Published: 01 June 1979
... that experiments with lowered
rates on one British line reveal that owing to a universal law of de-
mand and decreasing costs, nationalization and declining marginal
costs would produce great social utility for travelers and consumers at
one-third of then-current transport rates...
Journal Article
History of Political Economy (2017) 49 (Supplement): 187–212.
Published: 01 December 2017
... of systems analysts, who wanted to use
cost-bene¥t methods to make more economically rational decisions about
how to achieve policy goals.1 The resultant changes increased the policy
in uence of economists by creating new legal requirements for the eco-
nomic analysis of regulation and expanding...
Journal Article
History of Political Economy (2001) 33 (3): 577–608.
Published: 01 September 2001
... Henderson. International Economic Papers 11 : 7 -31. Ekelund, R. B., E. G. Furubotn, and W. P. Gramm. 1972 . The Evolution of Modern Demand Theory . Boston: D. C. Heath. Ekelund, R. B., and R. F. Hébert. 1997 . A History of Economic Theory and Method . New York:McGraw-Hill. ____. 1999...
Journal Article
History of Political Economy (1987) 19 (1): 169–171.
Published: 01 March 1987
...-associated costs of requiring skill levels (specialization of worker
function), (ii) acceptance of least-cost or efficiency norms. and (iii) maximization
of net profits should be weighed against various methods of opening the full man-
agerial process (work assignments and consideration of full...
Journal Article
History of Political Economy (1971) 3 (2): 265–277.
Published: 01 June 1971
...George J. Stigler Copyright © 1971 by Duke University Press 1971 Mr. Stigler is Walgreen Professor of American Institutions at the University of Chicago. Smith’s Travels on the Ship of State
George J. Stigler
THEWealth of Nations...
Journal Article
History of Political Economy (2000) 32 (1): 103–137.
Published: 01 March 2000
...
and his followers were impressed by the methods capitalists used to
increase production. Both Lenin and Stalin stressed the need to apply
the “most modern” methods of capitalist accounting in socialism that
would retain categories like “exchange value,” “cost...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 9–31.
Published: 01 December 2006
... was also occurring in the Chicago school (see Banzhaf 2005).
26 H. Spencer Banzhaf
economists gave it a go. Hotelling’s suggestion was to use travel costs to
a recreation destination as a proxy for prices and to trace the decline of
visits with increasing travel cost as a demand curve...
Journal Article
History of Political Economy (1986) 18 (4): 601–616.
Published: 01 November 1986
..., while cost is the objective element. The view that subjec-
tivism applies to tastes or the demand side of price determination, while
objective factors are relevant to the cost or supply side, is incompatible
with Menger’s analysis. This point can best be seen by quoting Wieser,
who applied...
Journal Article
History of Political Economy (1993) 25 (suppl_1): 54–68.
Published: 01 January 1993
... it currently does. Budgeting methods, input-
output analysis, cost-benefit analysis, and a host of other governmental
and corporate financial methods involve economic ideas and expertise.
They do not, to be sure, amount to unproblematical applications of pure
10. A few distinguished examples...
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