Hindsley, Paul; Landry, Craig; Schnier, Kurt; … - 2022
experiment marine recreational fishing data. We combine RP data from the Marine Recreational Information Program (MRIP) creel … multicollinearity. The SP data can suffer from hypothetical bias, which often manifests itself as bias in the cost coefficient. There … lower than the RP travel cost coefficient in absolute value, suggesting hypothetical bias in the SP data. This difference is …