Correcting for On-Site Sampling in Random Utility Models
AbstractThis study demonstrates how the joint distribution of a set of conditional trip counts to a system of recreation-sites can be adjusted for on-site sampling. An econometric approach is proposed that addresses both the size-biased distribution of the sampled visits and the weighted distribution of reported visits to ancillary destinations in a multivariate random utility framework. Estimation results indicate that uncorrected models produce biased estimates of trip counts and welfare measures. The empirical application examines jet skiing in the Lake Tahoe region. Copyright 2005, Oxford University Press.
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Bibliographic InfoArticle provided by Agricultural and Applied Economics Association in its journal American Journal of Agricultural Economics.
Volume (Year): 87 (2005)
Issue (Month): 2 ()
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