In this paper we examine the performance of nested logit models in the face of two specification errors. The first specification error arises when a nested logit model is appropriate, but the wrong nesting structure is chosen. The second specification error occurs when the underlying stochastic...

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 and fitting procedures to identify the best set of...

This article examines the status of women in the environmental economics profession in terms of their representation and impact. Three indicators are used to gauge the status of women in the profession. They are the representation of women in academia in the United States and Canada, the...

This article models the recreation demand for Iowa wetlands, combining survey data on both actual usage patterns (i.e., revealed preferences (RPs)) and anticipated changes to those patterns under hypothetical increases in trip costs (i.e., stated preferences (SPs)). We formulate and test...

This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities. The authors have brought together a...

1. Resource evaluation and public policy -- 2. Measuring values, benefits, and costs : an overview -- 3. Welfare measures : definitions and concepts -- 4. Welfare measures : theoretical basis for empirical assessment -- 5. Valuing changes in risk -- 6. Aggregation of values across time -- 7....

The paper examines the Kuhn Tucker model in the context of estimating recreation demand when the choice set it very large. It examines the temporal stability of parameter estimates using multiple years of data on trips to 127 lakes in Iowa made by households in Iowa. The study finds that for the...