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An Application Of The Kuhn-Tucker Model To The Demand For Water Trail Trips In North Carolina

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Author Info
Phaneuf, Daniel J.
Siderelis, Chris
Abstract

The Kuhn-Tucker demand model is an attractive, recent addition to the methods available for analyzing seasonal, multiple-site recreation demand data. We provide a new application of the approach to the demand for sea paddling trips in eastern North Carolina and calculate welfare measures for changes in site characteristics. In addition, we present a non-technical, intuitive overview of the model and a stepwise derivation of the estimation and welfare calculation algorithms.

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File URL: http://purl.umn.edu/28295
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Publisher Info
Article provided by Marine Resources Foundation in its journal Marine Resource Economics.

Volume (Year): 18 (2003)
Issue (Month): 1 ()
Pages:
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Handle: RePEc:ags:mareec:28295

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Related research
Keywords: Resource /Energy Economics and Policy;

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  1. John C. Whitehead & Daniel Phaneuf & Christopher F. Dumas & Jim Herstine & Jeffrey Hill & Bob Buerger, 2007. "Convergent Validity of Revealed and Stated Recreation Behavior with Quality Change: A Comparison of Multiple and Single Site Demands," Working Papers 07-17, Department of Economics, Appalachian State University, revised 2008. [Downloadable!]
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This page was last updated on 2009-12-26.

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