Measurement error in recreation demand models: the joint estimation of participation, site choice, and site characteristics
Article Abstract:
The average observed catch rate at a site used as a substitute to the expected catch rate of the site makes catch an unimportant factor for site choice and participation in recreational fishing. Furthermore, repeated, efficient and consistent measurements of both the expected catch rates and demand guidelines are acquired by estimating them by maximum livelihood at the same time. Moreover, the influence of catch rates is substantial on participation and site choice.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
A demand theory for number of trips in a random utility model of recreation
Article Abstract:
A study offers a random utility model for choice of recreation site which includes an aggregate demand function for the frequency of trips made within a season. Seasonal welfare changes are calculated.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Optimal production and reclamation at a mine site with an ecosystem constraint. A dynamic game of a transboundary pollutant with asymmetric players
- Abstracts: The economics of pollution permit banking in the context of Title IV of the 1990 Clean Air Act Amendments. Abatement costs in response to the Swedish charge on nitrogen oxide emissions
- Abstracts: Community pressure and clean technology in the informal sector: an econometric analysis of the adoption of propane by traditional Mexican brickmakers