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...

Markets for agricultural products may be inefficient when signals do not adequately reflect product characteristics important to market participants. Preferences can be explicitly reflected in price premiums for measurable characteristics using hedonic methods. However, when product quality...

Markets for agricultural products may be inefficient when signals do not adequately reflect product characteristics important to market participants. Preferences can be explicitly reflected in price premiums for measurable characteristics using hedonic methods. However, when product quality...

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...

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...

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...

Instream flows may be essential in protecting aquatic species that are threatened or endangered. An economic model of the optimal allocation of water under pure uncertainty is developed, with particular attention paid to the situation when a species characterized by critical depensation is...

Instream flows may be essential in protecting aquatic species that are threatened or endangered. An economic model of the optimal allocation of water under pure uncertainty is developed, with particular attention paid to the situation when a species characterized by critical depensation is...

While a number of validity tests exist for contingent valuation data, to date there are very few literature examples for contingent behavior (CB) data. The objective of this study is to test the validity of CB trip data for different levels of rock climbing access using data from surveys...