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Biases in willingness-to-pay measures from multinomial logit estimates due to unobserved heterogeneity

Berg, Vincent A. C. van den; Kroes, Eric; Verhoef, Erik T. - 2010

It is a common finding in empirical discrete choice studies that the estimated mean relative values of the coefficients (i.e. WTP's) from multinomial logit (MNL) estimations differ from those calculated using mixed logit estimations, where the mixed logit has the better statistical fit. However,...

Persistent link: https://www.econbiz.de/10011379636

A Travel Cost Estimation of Consumer Surplus in Recreational Visits : A Count Model Approach

Konwar, Daisy; Goswami, Nivedita - 2022

Recreational services are demanded because they generate benefits. The recreational benefits connected with a destination can be valued based on visitor preferences, which can aid in the formulation of an appropriate Natural Resource Management policy. Environmental and natural resource...

Persistent link: https://www.econbiz.de/10014241428

Microeconometric models of tourists' destination choise

Eymann, Angelika; Ronning, Gerd - 1996

The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...

Persistent link: https://www.econbiz.de/10010403834

El valor de los espacios de interés natural en España : aplicación de los métodos de la valorización contingente y el coste del desplazamiento

Riera, Pere - In: Revista española de economía (1994), pp. 207-229

Persistent link: https://www.econbiz.de/10001333760

Evaluating health consumers' preferences stability through joint estimation of revealed and stated health insurance preferences data

Niankara, Ibrahim - In: International journal of economics and business research 15 (2018) 2, pp. 236-256

Persistent link: https://www.econbiz.de/10011862098

Tourism economics

Panasiuk, Aleksander (ed.) - 2023

The issues relating to the functioning of the tourism economy include both the activities of tourism enterprises and … spatial units, i.e., tourism destinations, as well as tourism demand, including tourists' purchasing behavior. The aim of the … Special Issue of Economies is to present the current results of research on the functioning of the tourism market and its …