There are some criticizes on Contingent valuation method (CVM) and Travel cost method (TCM),
therefore many researchers have combined multiple methods of non-market valuation or have tried to value the
non-market goods or services by different methods and check for convergent validity of the methods. In this
paper both CVM and TCM are used. The empirical part showed that willingness to pay is more for New-Mexico
recreation sites based on a dichotomous choice sample obtained from the data set gathered by Hessaln et al.
In addition, fire age is shown to have less impact on WTP of visiting the sites in contingent valuation method.
This study showed the two estimates on willingness to pay calculated by TCM and CVM are not significantly
different at the 5% level.