Showing 61 - 70 of 1,238
Using count data models that account for zero-truncation, overdispersion, and endogenous stratification, this paper estimates the value of access to recreational parks. The focus is on the valuation of the opportunity cost of travel time within the cost of the trip and its effects on estimated...
Persistent link: https://www.econbiz.de/10005621837
Conjoint analysis, widely used in marketing research, offers an alternative resource valuation approach suited to outdoor recreation activities characterized as multiattribute. Design, implementation, and interpretation of conjoint analysis are reviewed in the context of recreation applications....
Persistent link: https://www.econbiz.de/10005802673
The paper tests two alternative specifications for the opportunity cost of time in travel cost models. The standard travel cost survey design is enriched to include a contingent valuation type question about peoples' willingness to accept compensation to forgo a precisely defined recreational...
Persistent link: https://www.econbiz.de/10005802729
Persistent link: https://www.econbiz.de/10005810430
Over the last decade, several authors have questioned thevalidity of the hedonic travel cost model, arguing instead that the random utility model is a superior method forvaluing recreational site attributes. This paper demonstrates that the two methods emanate from a similar utilitytheoretic...
Persistent link: https://www.econbiz.de/10005810731
We present estimates of the demand for hunting licenses by residents and non residents in British Columbia for the period 1971–2000. We obtain estimates of both short-run and long- run price elasticities and discuss their revenue implications for future fee increases. We find the demand by non...
Persistent link: https://www.econbiz.de/10005818694
We present estimates of the demand for hunting licenses by residents and non residents in British Columbia for the period 1971–2000. We obtain estimates of both short-run and long-run price elasticities and discuss their revenue implications for future fee increases. We further find the demand...
Persistent link: https://www.econbiz.de/10005754902
Traditionally, recreation demand studies have focused on single-day, single-activity trips, despite anecdotal and empirical evidence that many recreational trips involve overnight stays and multiple purposes. This paper develops a random utility model that explores how visitors choose...
Persistent link: https://www.econbiz.de/10005722043
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....
Persistent link: https://www.econbiz.de/10005722128
Persistent link: https://www.econbiz.de/10008480846