Activities in Models of Recreational Demand
AbstractEconomists have taken divergent approaches to incorporating on-site activities into their empirical specifications of site choice models. We develop a model that explicitly allows individuals to choose both on-site attributes and site activities. This model not only conditions the marginal value of site attributes on the choice of an activity, but also explicitly recovers the marginal rates of substitution across activities. This approach reduces biases in the welfare analysis of changes in site attributes when preferences for attributes depend upon the choice of activities undertaken at the site. We test hypotheses generated by our model by comparing rival models of demand for access to beaches in Costa Rica.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 83 (2007)
Issue (Month): 3 ()
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Web page: http://le.uwpress.org/
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- Chen, Min & Lupi, Frank, 2009. "Does economic endogeneity of site facilities in recreation demand models lead to statistical endogeneity?," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49449, Agricultural and Applied Economics Association.
- Chen, Min, 2009. "Does Economic Endogeneity of Site Facilities in Recreation Demand Models Lead to Statistical Endogeneity?," Graduate Research Masters Degree Plan B Papers 55808, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Angel Bujosa Bestard & Antoni Riera Font, 2008.
"Environmental diversity in recreational choice modelling,"
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2008/5, Centre de Recerca Econòmica (UIB ·"Sa Nostra").
- Bujosa Bestard, Angel & Font, Antoni Riera, 2009. "Environmental diversity in recreational choice modelling," Ecological Economics, Elsevier, vol. 68(11), pages 2743-2750, September.
- Chen, Min & Lupi, Frank, 2013. "Modeling Long Overnight Trips by Chaining Recreation Sites," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150489, Agricultural and Applied Economics Association.
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