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An Empirical Assessment of Multinomial Probit and Logit Models for Recreation Demand

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  • Chen, Heng Z.
  • Lupi, Frank
  • Hoehn, John P.

Abstract

This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Chen, Heng Z. & Lupi, Frank & Hoehn, John P., 1997. "An Empirical Assessment of Multinomial Probit and Logit Models for Recreation Demand," Staff Paper Series 201216, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:201216
    DOI: 10.22004/ag.econ.201216
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    8. Hanemann, W. Michael, 1982. "Applied Welfare Analysis with Qualitative Response Models," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7982f0k8, Department of Agricultural & Resource Economics, UC Berkeley.
    9. Catherine L. Kling & Joseph A. Herriges, 1995. "An Empirical Investigation of the Consistency of Nested Logit Models with Utility Maximization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(4), pages 875-884.
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