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We analyze demand substitution relationships among fish in the snapper/grouper complex in the southeast United States. Monthly data from 1977 to1992 are used to form a set of six fish aggregates. The dockside demands are analyzed in an empirical inverse demand system, developed for the purposes...
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The potential importance of congestion effects on the management and rationing of recreational facilities and services in the presence of heterogeneous preferences were highlighted nearly twenty-five years ago by Freeman and Haveman (1977). While there have been a number of theoretical models...
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