Hanley, Nick; Wright, Robert; Koop, Gary - In: Environmental & Resource Economics 22 (2002) 3, pp. 449-466
This paper is concerned with the use of thechoice experiment method for modelling thedemand for recreation, using the example ofrock-climbing in Scotland. We begin byoutlining the method itself, including itstheoretical and econometric underpinnings. Datacollection procedures are then outlined....