Activities in Models of Recreational Demand
Economists 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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- A. Brett Hauber & George R. Parsons, 2000. "The Effect of Nesting Structure Specification on Welfare Estimation in a Random Utility Model of Recreation Demand: An Application to the Demand for Recreational Fishing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 501-514.
- Therese C. Grijalva & Robert P. Berrens & Alok K. Bohara & Paul M. Jakus & W. Douglass Shaw, 2002. "Valuing the Loss of Rock Climbing Access in Wilderness Areas: A National-Level, Random-Utility Model," Land Economics, University of Wisconsin Press, vol. 78(1), pages 103-120.
- Loomis, John B. & Gonzalez-Caban, Armando & Englin, Jeffrey E., 2001. "Testing For Differential Effects Of Forest Fires On Hiking And Mountain Biking Demand And Benefits," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(02), pages -, December.
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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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