Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10008504943
Persistent link: https://www.econbiz.de/10008504952
Persistent link: https://www.econbiz.de/10008619601
This paper examines the effect of the researcher's definition of a recreator's choice set on the parameter and welfare estimates from standard random utility models. Three choice set definitions are compared: choice sets based on all alternatives within the survey, those alternatives within a...
Persistent link: https://www.econbiz.de/10008546274
When employing travel cost models, the unit cost of the essential input (travel) in the household’ s production of a recreation experience is central to obtaining the preference structure for the recreational good. However, little attention has been given to the choice of the route although...
Persistent link: https://www.econbiz.de/10005038456
Persistent link: https://www.econbiz.de/10008504756
Persistent link: https://www.econbiz.de/10008537364
This paper introduces household labor market choices into the demand for recreation, showing that the opportunity cost of timewage rate connection is severed when several household members have the opportunity to participate in the labor market at fixed wages. An application of recreation demand...
Persistent link: https://www.econbiz.de/10008546293
Persistent link: https://www.econbiz.de/10008619467
This paper provides evidence that the Clean Water Act implemented through effluent limits responded to local water quality. We choose biological oxygen demand as the pollutant and dissolved oxygen as a water quality indicator. We use a panel of permits for 100 plants in Maryland, Virginia, and...
Persistent link: https://www.econbiz.de/10010555811