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Practitioners of outdoor sports, such as rock-climbers, are likely to exhibit preference heterogeneity that depends on the 'keenness' with which such sports are practiced. Such an intuition is born out in at least one study using latent class discrete choice modelling (Provencher et al. 2002)....
Persistent link: https://www.econbiz.de/10014068683
Practitioners of outdoor sports, such as rock-climbers, are likely to exhibit preference heterogeneity that depends on the keenness' with which such sports are practiced. Such an intuition is born out in at least one study using latent class discrete choice modelling (Provencher et al. 2002)....
Persistent link: https://www.econbiz.de/10011606979
Persistent link: https://www.econbiz.de/10003128258
Persistent link: https://www.econbiz.de/10009611471
This paper investigates the role of congestion in influencing the site choice of recreation participants and derived values for a trip. Estimation is performed in a revealed preference framework by constructing an instrument for congestion within the estimation using the predicted choices of...
Persistent link: https://www.econbiz.de/10013108735
Travel cost recreation demand models stem from a simple, but penetrating, insight. Consumption of an outdoor recreation site's services requires the user to incur the costs of a trip to that site. Travel costs serve as implicit prices. These costs reflect both people's distances from recreation...
Persistent link: https://www.econbiz.de/10014023924
Persistent link: https://www.econbiz.de/10003972123
In this paper, the authors investigate the determinants of weight for leisure in preferences. First, using a dynamic general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from 1950 to 2009. Then, the authors perform several panel...
Persistent link: https://www.econbiz.de/10010195999
In this paper, the authors investigate the determinants of weight for leisure in preferences. First, using a dynamic general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from 1950 to 2009. Then, the authors perform several panel...
Persistent link: https://www.econbiz.de/10010251070
Persistent link: https://www.econbiz.de/10001602396