Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics … and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification … model. Our empirical analysis shows that individuals are responsive to the full set of water quality measures used by …

In this article we use the hedonic price model to estimate the effect of a change in water quality on the value of real … estate in the lake community of Delavan, Wisconsin. Hedonic techniques show that a $7 million rehabilitation program … significantly increased Delavan Lake shoreline property values. Existing research demonstrates that the use of objective water …