Timmins, Christopher; Murdock, Jennifer - University of Toronto, Department of Economics - 2006
, yet a key site attribute, congestion, is often excluded from such analyses. One of several reasons is that congestion … in a revealed preference context. We demonstrate that failing to address the endogeneity of congestion will likely lead … significant re-sorting of anglers amongst remaining sites. In our application, ignoring congestion leads to an understatement of …