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.

Nature Parks and Other Similar Institutions, Recreational Fishing, Statistics, Environmental aspects, Recreation, Fishing, Fishing (Recreation)

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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.

Research, Models, Economic aspects, Environmental economics, Recreation areas, Recreation research

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