Heterogeneous preferences for congestion during a wilderness experience
AbstractThis analysis breaks down the congestion levels experienced during specific parts of a wilderness canoe trip. By explicitly addressing the heterogeneity in preferences for congestion during a trip, we were able to determine the relative value canoeists place on solitude at different points of a trip. Our econometric model utilizes a random effects probit framework to efficiently estimate the welfare impacts of congestion on each trip portion. The welfare effects of congestion levels vary across wilderness areas, parts of a trip and individuals.
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Bibliographic InfoArticle provided by Elsevier in its journal Resource and Energy Economics.
Volume (Year): 25 (2003)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/inca/505569
Other versions of this item:
- Boxall, Peter C. & Rollins, Kimberly S. & Englin, Jeffrey E., 2002. "Heterogeneous Preferences For Congestion During A Wilderness Experience," Working Papers 34133, University of Guelph, Department of Food, Agricultural and Resource Economics.
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