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Endogenous On-Site Time In The Recreation Demand Model

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  • Berman, Matthew D.
  • Kim, Hong Jin

Abstract

Careful modeling of on-site time may substantially improve estimates of the benefits of recreational visits using the travel cost method, especially when on-site time is endogenous. This paper reviews the theory of endogenous on-site time, and shows how the theory may apply to the Random Utility Model (RUM). An empirical example of sport fishing in Southcentral Alaska under varying specifications of on-site time is presented.

Suggested Citation

  • Berman, Matthew D. & Kim, Hong Jin, 1999. "Endogenous On-Site Time In The Recreation Demand Model," 1999 Annual meeting, August 8-11, Nashville, TN 21616, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21616
    DOI: 10.22004/ag.econ.21616
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    References listed on IDEAS

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    1. Herbert Mohring & John Schroeter & Paitoon Wiboonchutikula, 1987. "The Values of Waiting Time, Travel Time, and a Seat on a Bus," RAND Journal of Economics, The RAND Corporation, vol. 18(1), pages 40-56, Spring.
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    3. Nancy E. Bockstael & Ivar E. Strand & W. Michael Hanemann, 1987. "Time and the Recreational Demand Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(2), pages 293-302.
    4. K. E. McConnell, 1992. "On-Site Time in the Demand for Recreation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 918-925.
    5. W. Douglass Shaw, 1992. "Searching for the Opportunity Cost of an Individual's Time," Land Economics, University of Wisconsin Press, vol. 68(1), pages 107-115.
    6. McConnell K. E., 1995. "Consumer Surplus from Discrete Choice Models," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 263-270, November.
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    Cited by:

    1. Kono, Tatsuhito & Yoshida, Jun, 2020. "Travel Cost Method Considering Trip-day Counts as Integers," MPRA Paper 99244, University Library of Munich, Germany.
    2. Bowker, James Michael & Starbuck, C. Meghan & English, Donald B.K. & Bergstrom, John C. & Rosenberger, Randall S. & McCollum, Daniel W., 2009. "Estimating the Net Economic Value of National Forest Recreation: An Application of the National Visitor Use Monitoring Database," Faculty Series 59603, University of Georgia, Department of Agricultural and Applied Economics.
    3. Hellström, Jörgen & Nordström, Jonas, 2012. "Demand and welfare effects in recreational travel models: Accounting for substitution between number of trips and days to stay," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(3), pages 446-456.
    4. Hellström, Jörgen & Nordström, Jonas, 2005. "Demand and Welfare Effects in Recreational Travel Models: A Bivariate Count Data Approach," Umeå Economic Studies 648, Umeå University, Department of Economics.
    5. Wynen, Jan, 2013. "Explaining travel distance during same-day visits," Tourism Management, Elsevier, vol. 36(C), pages 133-140.
    6. Jörgen Hellström & Jonas Nordström, 2008. "A count data model with endogenous household specific censoring: the number of nights to stay," Empirical Economics, Springer, vol. 35(1), pages 179-192, August.
    7. Jörgen Hellström, 2006. "A bivariate count data model for household tourism demand," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(2), pages 213-226.

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