Shonkwiler, J.; Hanley, Nick - In: Environmental & Resource Economics 26 (2003) 3, pp. 401-416
In this paper we introduce a new econometricapproach to analyzing recreational site choicedata, the Dirichlet multinomial model. Thismodel, which nests the standard conditionalmultinomial logit model, can accommodateover-dispersed data and may provide moreefficient estimators of coefficients...