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Economic Estimation Of Recreational Benefits: The Case Of Lake Bosumtwi In Ghana
This paper estimates the recreational value of Lake Bosumtwi (LB) in Ghana based on visitors' willingness-to-pay (WTP). The research aims at using the Travel Cost Method (TCM) to capture the economic value of the lake through the assessment of the various factors that influence the visitors' willingness- to-pay (WTP) for the lake, measure the consumer's surplus and then check if
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