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Count data, such as recreational fishing trips taken by anglers, is increasingly common in recreational fishing demand analysis. Because of the non-negative integer nature of the recreational fishing trip data, some over-dispersion problems, and truncation of the data at zero trips, count data...
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In this paper we measure the recreational economic benefits of the for-hire recreational fishery in the coastal region of North Carolina. We estimate a single trip random utility model for primary purpose and secondary purpose anglers with data from a field survey of charter and head-boat...
Persistent link: https://www.econbiz.de/10013035443
Nested logit has become common in estimating random utility models of recreation demand. Because welfare analysis is often the objective of estimating these models, it seems natural to ask, what effect does the choice of nesting structure have on the welfare estimates generated by these models?...
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The use of public lands and waterways is often subject to environmental regulations designed to limit the depletion of resource stocks. Such regulations may influence expectations of quality, destination choice, and consumer surplus. This paper examines the effects of environmental regulations...
Persistent link: https://www.econbiz.de/10014069540
This article examines two issues concerning the trip-taking behavior of recreational anglers over the course of a season. The first is whether the random component of trip utility is serially correlated across trip occasions. The second is the heterogeneity of preferences among anglers. Recent...
Persistent link: https://www.econbiz.de/10014094836
The purpose of this paper is to establish whether the unobserved spatial interdependencies between individual households influence recreational travel choices. To coherently incorporate spatial interdependencies in the behavioral analysis, we propose spatial random utility model of recreation...
Persistent link: https://www.econbiz.de/10013127472