Showing 1 - 5 of 5
This paper considers the use of a “combinatorial optimization” technique in the aggregation of environmental benefit values. Combinatorial optimization is used to statistically match population census data to a Contingent Valuation survey. The matched survey and census information is then...
Persistent link: https://www.econbiz.de/10008835184
Multi-attribute revealed preference data is used to investigate the heterogeneity of tastes in a sample of kayakers, in relation to eleven whitewater sites in Ireland. The paper focuses on a comparison of the analysis of preference heterogeneity using a random parameter logit model and a latent...
Persistent link: https://www.econbiz.de/10008543386
We adapt the standard random utility model to take account of the heterogeneity of recreational preferences by using what we call a “clustered conditional logit framework”. By separating out our sample of whitewater kayakers into two exogenously identifiable groups (based on their skill...
Persistent link: https://www.econbiz.de/10008543402
This paper?s contribution to the understanding of outdoor recreational pursuits in Ireland comes from the estimation of the first whitewater kayaking demand function. This paper is also unique in that it combines data collected from two different sources; the internet and an on-site survey, thus...
Persistent link: https://www.econbiz.de/10008543403
The treatment of the opportunity cost of travel time and the measurement of travel costs in recreational demand modelling has been a contentious issue for many decades. This paper demonstrates how a potential wage rate can be used in the measurement of the opportunity cost of travel (leisure)...
Persistent link: https://www.econbiz.de/10008543408