Kuriyama, Koichi; Michael Hanemann, W.; Hilger, James R. - In: Journal of Environmental Economics and Management 60 (2010) 3, pp. 209-220
In this paper, we extend the latent segmentation approach to the Kuhn-Tucker (KT) model. The proposed approach models heterogeneity in preferences for recreational behavior, using a utility theoretical framework to simultaneously model participation and site selection decisions. Estimation of...