Description
This paper estimates the valuation of trekking in mountain landscape as a non-market good considering international trekking to Manang in Nepal. The paper looks at international trekkers’ maximum willingness to pay (WTP) for improved quality of trekking which include longer nature walk in and around conservation area, extended village tour for cultural understanding, improved quality of museum, and enhanced quality of evening live cultural show. The study employs open-ended questionnaire to estimate maximum WTP.
Estimation of maximum willingness to pay for improved quality of trekking in Manang, Nepal by international trekkers
This paper estimates the valuation of trekking in mountain landscape as a non-market good considering international trekking to Manang in Nepal. The paper looks at international trekkers’ maximum willingness to pay (WTP) for improved quality of trekking which include longer nature walk in and around conservation area, extended village tour for cultural understanding, improved quality of museum, and enhanced quality of evening live cultural show. The study employs open-ended questionnaire to estimate maximum WTP.