Modelling Recreation Demand Using Choice Experiments: Climbing in Scotland
AbstractThis paper is concerned with the use of thechoice experiment method for modelling thedemand for recreation, using the example ofrock-climbing in Scotland. We begin byoutlining the method itself, including itstheoretical and econometric underpinnings. Datacollection procedures are then outlined. Wepresent results from both nested and non-nestedmodels, and report some tests for theimplications of choice complexity andrationality. Finally, we compare our resultswith a revealed preference data model based onthe same sample of climbers. Copyright Kluwer Academic Publishers 2002
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.
Volume (Year): 22 (2002)
Issue (Month): 3 (July)
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Web page: http://www.springerlink.com/link.asp?id=100263
choice experiments; complexity; environmental valuation; rationality; recreation demand; rock climbing;
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