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Spatial Boundaries and Choice Set Definition in a Random Utility Model of Recreation Demand

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Author Info
George R. Parsons
A. Brett Hauber
Abstract

We are concerned with the definition of choice set used in Random Utility Models of recreation demand. In particular, we are concerned with the spatial boundaries used to define choice sets. In this paper, using a model of day-trip fishing in Maine, we examine the sensitivity of parameter and welfare estimates to changes in the spatial boundary. We find that there exists some threshold distance beyond which adding more sites to the choice set has negligible effects on the estimation results.

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Publisher Info
Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 74 (1998)
Issue (Month): 1 ()
Pages: 32-48
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Handle: RePEc:uwp:landec:v:74:y:1998:i:1:p:32-48

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Find related papers by JEL classification:
Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

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  1. Phaneuf, Daniel J. & Herriges, Joseph A., 1999. "Choice Set Definition Issues In A Kuhn-Tucker Model Of Recreation Demand," Marine Resource Economics, Marine Resources Foundation, vol. 14(4). [Downloadable!]
  2. Krupnick, Alan & McGuinness, Meghan & Jakus, Paul, 2002. "The Benefits and Costs of Fish Consumption Advisories for Mercury," Discussion Papers dp-02-55, Resources For the Future. [Downloadable!]
  3. Jakus, Paul M. & Shaw, W. Douglass, 2001. "Perceived Hazard And Product Choice: An Application To Recreational Site Choice," 2001 Annual meeting, August 5-8, Chicago, IL 20772, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    Other versions:
  4. Scrogin, David & Hofler, Richard & Boyle, Kevin & Milon, Walter, 2004. "On The Frontier Of Generating Revealed Preference Choice Sets: An Efficient Approach," 2004 Annual meeting, August 1-4, Denver, CO 20134, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  5. Hicks, Robert L. & Kirkley, James & Strand, Ivar E., Jr., 2004. "Short-Run Welfare Losses From Essential Fish Habitat Designations For The Surfclam And Ocean Quahog Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 19(1). [Downloadable!]
  6. H. Spencer Banzhaf & V. Kerry Smith, 2007. "Meta-analysis in model implementation: choice sets and the valuation of air quality improvements," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1013-1031. [Downloadable!]
    Other versions:
  7. Parsons, George R. & Massey, D. Matthew & Tomasi, Ted, 1999. "Familiar And Favorite Sites In A Random Utility Model Of Beach Recreation," Marine Resource Economics, Marine Resources Foundation, vol. 14(4). [Downloadable!]
  8. J. DeShazo & Trudy Cameron & Manrique Saenz, 2009. "The Effect of Consumers’ Real-World Choice Sets on Inferences from Stated Preference Surveys," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(3), pages 319-343, March. [Downloadable!] (restricted)
  9. J.R. DeShazo & Trudy Ann Cameron & Manrique Saenz, 2001. "Test of Choice Set Misspecification for Discrete Models of Consumer Choice," University of Oregon Economics Department Working Papers 2003-7, University of Oregon Economics Department, revised 05 Nov 2001. [Downloadable!]
  10. Vajjhala, Shalini P. & Mische John, Anna & Evans, David A., 2008. "Determining the Extent of Market and Extent of Resource for Stated Preference Survey Design Using Mapping Methods," Discussion Papers dp-08-14, Resources For the Future. [Downloadable!]
  11. 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!]
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