Amoako-Tuffour, Joe; Martınez-Espineira, Roberto - Volkswirtschaftliche Fakultät, … - 2008
Using count data models that account for zero-truncation, overdispersion, and endogenous stratification, this paper estimates the value of access to recreational parks. The focus is on the valuation of the opportunity cost of travel time within the cost of the trip and its effects on estimated...