Aggregation Bias in Recreation Site Choice Models: Resolving the Resolution Problem
This paper examines the effect of differing levels of spatial resolution on recreation site choice models and welfare resulting from changes in site attributes. These issues are important where the spatial scale at which recreationists make choices is unknown, but information exists on choice attributes at larger spatial scales. We estimate choice models at various scales of spatial resolution and incorporate the size of the aggregate sites and heterogeneity parameters in the model. Accounting for the size of the aggregates in estimation improved model fit and alleviated aggregate parameter bias. We provide advice for applied modeling based on these results.
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- Yoshiaki Kaoru & V. Kerry Smith & Jin Long Liu, 1995. "Using Random Utility Models to Estimate the Recreational Value of Estuarine Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(1), pages 141-151.
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- Adamowicz, Wiktor & Swait, Joffre & Boxall, Peter & Louviere, Jordan & Williams, Michael, 1997. "Perceptions versus Objective Measures of Environmental Quality in Combined Revealed and Stated Preference Models of Environmental Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 65-84, January.
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