Showing 1 - 8 of 8
Backcountry hikers' willingness-to-pay for removing grazing from trails in the Hoover Wilderness is analyzed using a multinomial Dirichlet negative binomial distribution. This multivariate discrete distribution allows the direct calculation of seasonal welfare measures that are derived from an...
Persistent link: https://www.econbiz.de/10005291067
Backcountry hikers' willingness-to-pay for removing grazing from trails in the Hoover Wilderness is analyzed using a multinomial Dirichlet negative binomial distribution. This multivariate discrete distribution allows the direct calculation of seasonal welfare measures that are derived from an...
Persistent link: https://www.econbiz.de/10009397337
Persistent link: https://www.econbiz.de/10012281020
This study demonstrates how the joint distribution of a set of conditional trip counts to a system of recreation-sites can be adjusted for on-site sampling. An econometric approach is proposed that addresses both the size-biased distribution of the sampled visits and the weighted distribution of...
Persistent link: https://www.econbiz.de/10005291005
This study demonstrates how the joint distribution of a set of conditional trip counts to a system of recreation-sites can be adjusted for on-site sampling. An econometric approach is proposed that addresses both the size-biased distribution of the sampled visits and the weighted distribution of...
Persistent link: https://www.econbiz.de/10009392683
The role that total purchases play in determining the choice among brands has been considered in microeconomic theory for quite some time, but for traditional goods only. Consumption of outdoor recreation is an unusual good, most often measured using an individual's recreational trip. Adding the...
Persistent link: https://www.econbiz.de/10009397339
A consistent two-step estimation procedure is proposed for a system of equations with limited dependent variables. Monte Carlo simulation results suggest the procedure outperforms an existing two-step method. Copyright 1999, Oxford University Press.
Persistent link: https://www.econbiz.de/10009401457
We extend count data travel cost modeling by developing a utility theoretic system of semilogarithmic recreation demand equations. The restrictions required to make the system utility theoretic are applied during estimation. The model is applied to individual wilderness recreation trips in a...
Persistent link: https://www.econbiz.de/10009392615