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Kuhn-Tucker Estimation of Recreation Demand – A Study of Temporal Stability

  • Bhattacharjee, Subhra
  • Kling, Catherine L.
  • Herriges, Joseph A.

The paper examines the Kuhn Tucker model in the context of estimating recreation demand when the choice set it very large. It examines the temporal stability of parameter estimates using multiple years of data on trips to 127 lakes in Iowa made by households in Iowa. The study finds that for the given dataset, the estimates derived from a Kuhn-Tucker model are largely stable over time.

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Paper provided by Agricultural and Applied Economics Association in its series 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin with number 49408.

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Date of creation: 2009
Date of revision:
Handle: RePEc:ags:aaea09:49408
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  1. Herriges, Joseph A. & Phaneuf, Daniel J. & Tobias, Justin, 2008. "Estimating Demand Systems when Outcomes Are Correlated Count," Staff General Research Papers 12934, Iowa State University, Department of Economics.
  2. Herriges, Joseph A. & Kling, Catherine L. & Phaneuf, Daniel J., 2004. "What's the Use? Welfare Estimates from Revealed Preference Models when Weak Complementarity Does Not Hold," Staff General Research Papers 1905, Iowa State University, Department of Economics.
  3. Morey, Edward R, 1984. "The Choice of Ski Areas: Estimation of a Generalized CES Preference Ordering with Characteristics," The Review of Economics and Statistics, MIT Press, vol. 66(4), pages 584-90, November.
  4. Kevin J. Egan & Joseph A. Herriges & Catherine L. Kling & John A. Downing, 2004. "Recreation Demand Using Physical Measures of Water Quality," Center for Agricultural and Rural Development (CARD) Publications 04-wp372, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  5. Morey, Edward R. & Shaw, W. Douglass & Rowe, Robert D., 1991. "A discrete-choice model of recreational participation, site choice, and activity valuation when complete trip data are not available," Journal of Environmental Economics and Management, Elsevier, vol. 20(2), pages 181-201, March.
  6. Kling, Catherine L. & Bockstael, Nancy & Hanemann, W. Michael, 1987. "Estimating the Value of Water Quality Improvements in a Recreational Demand Framework," Staff General Research Papers 1594, Iowa State University, Department of Economics.
  7. Amemiya, Takeshi, 1974. "Multivariate Regression and Simultaneous Equation Models when the Dependent Variables Are Truncated Normal," Econometrica, Econometric Society, vol. 42(6), pages 999-1012, November.
  8. von Haefen R.H. & Phaneuf D.J. & Parsons G.R., 2004. "Estimation and Welfare Analysis With Large Demand Systems," Journal of Business & Economic Statistics, American Statistical Association, vol. 22, pages 194-205, April.
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