Attribute-Based Valuation era
During 1980–1996, the attribute-based valuation paradigm in tourism demand built on Ben-Akiva and Lerman's discrete choice theory, which provided flexible logit specifications for modeling how destination attributes, prices, and travel time drive visitation. Daniel McFadden's multinomial logit and random utility framework further empowered empirical estimation of traveler elasticities and welfare effects within these models. Foundational hedonic and attribute theories from Lancaster and Rosen supplied the conceptual toolkit for valuing destination attributes, with Lancaster emphasizing goods with attributes and Rosen framing attribute-based pricing. Attitude and perceptual measurement methods, drawing on Fishbein and Ajzen's attitude theories and the later planned-behavior framework, guided survey design and interpretation of survey-based valuation and stated-preference responses.