Welfare estimates
| Un-truncated Poisson model | Truncated Poisson model | |
|---|---|---|
| βRTTC | −0.000040 | −0.00016 |
| CS/visit per visitor | Rs 25,000 (US$ 384.61)* | Rs 6,250 (US$96.15)* |
| Total annual consumer surplus of dal lake† | Rs 5,000,000 (US$ 7,69,23.07)* | Rs 1,250,000 (US$ 1,92,30.76)* |
| Un-truncated Poisson model | Truncated Poisson model | |
|---|---|---|
| −0.000040 | −0.00016 | |
| CS/visit per visitor | Rs 25,000 (US$ 384.61)* | Rs 6,250 (US$96.15)* |
| Total annual consumer surplus of dal lake† | Rs 5,000,000 (US$ 7,69,23.07)* | Rs 1,250,000 (US$ 1,92,30.76)* |
Note(s): βRTTC = Coefficient of round total travel cost
*1US$ = Rs 65, an average exchange rate during the survey period (July–October, 2017)
†Based on the sample of 200 visitors
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