Heterogeneous preferences for congestion during a wilderness experience
This analysis breaks down the congestion levels experienced during specific parts of a wilderness canoe trip. By explicitly addressing the heterogeneity in preferences for congestion during a trip, we were able to determine the relative value canoeists place on solitude at different points of a trip. Our econometric model utilizes a random effects probit framework to efficiently estimate the welfare impacts of congestion on each trip portion. The welfare effects of congestion levels vary across wilderness areas, parts of a trip and individuals.
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- Kimberly Rollins & Will Wistowsky & Michael Jay, 1997.
"Wilderness Canoeing in Ontario: Using Cumulative Results to Update Dichotomous Choice Contingent Valuation Offer Amounts,"
Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie,
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- Kimberly Rollins, 1997. "Wilderness Canoeing in Ontario: Using Cumulative Results to Update Dichotomous Choice Contingent Valuation Offer Amounts," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 45(1), pages 1-16, 03.
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- Guilkey, David K. & Murphy, James L., 1993. "Estimation and testing in the random effects probit model," Journal of Econometrics, Elsevier, vol. 59(3), pages 301-317, October.
- Loomis, John B., 1997. "Panel Estimators To Combine Revealed And Stated Preference Dichotomous Choice Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(02), December.
- Dorfman, Robert, 1984. "On optimal congestion," Journal of Environmental Economics and Management, Elsevier, vol. 11(2), pages 91-106, June.
- Butler, J S & Moffitt, Robert, 1982. "A Computationally Efficient Quadrature Procedure for the One-Factor Multinomial Probit Model," Econometrica, Econometric Society, vol. 50(3), pages 761-64, May.
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