AN INVERSE DEMAND APPROACH TO RECREATION FISHING SITE CHOICE AND IMPLIED MARGINAL VALUES

An alternative methodology for determining marginal willingness to pay values for recreational fishing trips is developed based on inverse demand systems and the distance function. Our empirical application uses joint estimation of several species-specific site equations from a recreation fishing data set. Results are compared to a random utility model.

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Year of publication:	1999
Authors:	Larson, Douglas M. ; Shaikh, Sabina L.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21577
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005525931