Abidoye, Babatunde O.; Herriges, Joseph A.; Tobias, … - In: American Journal of Agricultural Economics 94 (2012) 5, pp. 1070-1093
Recreation demand models are typically plagued by limited information on site attributes. If these unobserved site attributes are correlated with the observed characteristics and/or the travel cost variable, the resulting parameter estimates are likely to be biased. We develop a Bayesian...