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ศาศะวัต สุขสุอรรถ
ชมพูนุท โกสลากร เพิ่มพูนวิวัฒน์

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Economic Valuation of Recreational Value and Entrance Fee: A Case Study of Lumpinee Park, Bangkok Metropolitan

The objectives of this study are: 1) To evaluate the recreational value of Lumpinee Park by the individual travel cost method. 2) To estimate entrance fee for Lumpinee Park by the contingent valuation method. The results show that the estimated of recreational value is 2,021.67 million baht in 2009. Therefore, the recreational value of Lumpinee Park is about 5.62 million baht per rai. In case analyse entrance fee by consider probability from ratio of samples who are willing to pay entrance fee. The results show that the entrance fee for maximum revenue is 50 baht and the estimated of revenue is 86.91 million baht per year. While consider by rule of minimum willingness to pay. The results show that the entrance fee for maximum revenue is 20 baht and the estimated of revenue is 42.18 million baht per year.

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