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A Random Utility Model for Sportfishing: Some Preliminary Results for Florida

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Author Info
Bockstael, N. E.
McConnell, K. E.
Strand, I. E.

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Abstract

The gray literature in the field of nonmarket benefit measurement has made extensive use of the random utility (or discrete choice) model in recent years, but few applications appear in the literature. This article provides such an application, illustrating the technique with preliminary results from a regional study modeling east cost sportfishing behavior. The article discusses some of the strengths and weaknesses of the random utility model. It also illustrates how data regularly collected by the National Marine Fisheries Service can be supplemented with economic survey data to estimate these discrete choice behavioral models.

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File URL: http://purl.umn.edu/48539
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Publisher Info
Article provided by Marine Resources Foundation in its journal Marine Resource Economics.

Volume (Year): 06 (1989)
Issue (Month): 3 ()
Pages:
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Handle: RePEc:ags:mareec:48539

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Web page: http://www.uri.edu/cels/enre/mre/mre.htm

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Related research
Keywords: Random utility; discrete choice; sportfishing; nonmarket benefits; environmental quality; Environmental Economics and Policy; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy;

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  1. Berman, Matthew & Haley, Sharman & Kim, Hongjin, 1997. "Estimating Net Benefits Of Reallocation: Discrete Choice Models Of Sport And Commercial Fishing," Marine Resource Economics, Marine Resources Foundation, vol. 12(4). [Downloadable!]
  2. Peter Schuhmann & Kurt Schwabe, 2004. "An Analysis of Congestion Measures and Heterogeneous Angler Preferences in a Random Utility Model of Recreational Fishing," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 27(4), pages 429-450, April. [Downloadable!] (restricted)
  3. Hicks, Robert L. & Gautam, Amy B. & van Voorhees, David & Osborn, Maury & Gentner, Brad, 1999. "An Introduction To The Nmfs Marine Recreational Fisheries Statistics Survey With An Emphasis On Economic Valuation," Marine Resource Economics, Marine Resources Foundation, vol. 14(4). [Downloadable!]
  4. Kurt Schwabe & Peter Schuhmann & Roy Boyd & Khosrow Doroodian, 2001. "The Value of Changes in Deer Season Length: An Application of the Nested Multinomial Logit Model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(2), pages 131-147, June. [Downloadable!] (restricted)
  5. Peters, T. & Adamowicz, W.L. & Boxall, P.C., 1995. "A Random Utility Analysis of Southern Alberta Sportfishing," Project Report Series 24048, University of Alberta, Department of Rural Economy. [Downloadable!]
  6. Chris Dumas & Pete Schuhmann & John C. Whitehead, 2004. "Measuring the Economic Benefits of Water Quality Improvement with the Benefit Transfer Method: An Introduction for Non-Economists," Working Papers 04-12, Department of Economics, Appalachian State University. [Downloadable!]
  7. Bill Provencher & Richard C. Bishop, 1995. "An Estimable Dynamic Model of Recreation Behavior," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 387, Wisconsin-Madison Agricultural and Applied Economics Department. [Downloadable!]
  8. Schwabe, Kurt A. & Schuhmann, Peter W., 1999. "The Value Of Increasing The Length Of Deer Season In Ohio," 1999 Annual meeting, August 8-11, Nashville, TN 21574, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  9. Herriges, Joseph & Kling, Catherine & Phaneuf, Daniel, 1999. "Corner Solution Models of Recreation Demand: A Comparison of Competing Frameworks," Staff General Research Papers 4013, Iowa State University, Department of Economics. [Downloadable!]
    Other versions:
  10. McConnell, Kenneth E. & Strand, Ivar E. & Blake-Hedges, Lynne, 1995. "Random Utility Models of Recreational Fishing: Catching Fish Using a Poisson Process," Marine Resource Economics, Marine Resources Foundation, vol. 10(3). [Downloadable!]
  11. Abbott, Joshua K. & Wilen, James E., 2008. "Rent Dissipation in Chartered Recreational Fishing: Inside the Black Box," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6521, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  12. Bill PROVENCHER & Richard C. BISHOP, 1995. "Issues In The Development Of An Estimable Dynamic Model Of Recreation Behavior," Staff Papers 387, University of Wisconsin Madison, AAE. [Downloadable!]
  13. Schuhmann, Peter W., 1998. "Deriving Species-Specific Benefits Measures For Expected Catch Improvements In A Random Utility Framework," Marine Resource Economics, Marine Resources Foundation, vol. 13(1). [Downloadable!]
  14. Sumaila, Ussif Rashid & Berman, Matthew, 2006. "Thalassorama - Discounting, Amenity Values, and Marine Ecosystem Restoration," Marine Resource Economics, Marine Resources Foundation, vol. 21(2). [Downloadable!]
  15. Berman, Matthew, 2006. "Modeling Spatial Choices in Ocean Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 21(4). [Downloadable!]
  16. Christopher Timmins & Jennifer Murdock, 2006. "A Revealed Preference Approach to the Measurement of Congestion in Travel Cost Models," Working Papers tecipa-213, University of Toronto, Department of Economics. [Downloadable!]
  17. Hicks, Robert L., 2002. "A Comparison Of Stated And Revealed Preference Methods For Fisheries Management," 2002 Annual meeting, July 28-31, Long Beach, CA 19853, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  18. Berman, Matthew D. & Kim, Hong Jin, 1999. "Endogenous On-Site Time In The Recreation Demand Model," 1999 Annual meeting, August 8-11, Nashville, TN 21616, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  19. Freeman, Miranda & Dunford, Richard, 2003. "The New Carissa Shipwreck: Aesthetic Impact On Coastal Recreation," 2003 Annual meeting, July 27-30, Montreal, Canada 22139, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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