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...

Theoretical restrictions implied by the two-constraint recreation demand model are developed. The structure necessary to specify empirical models shows that most current models of recreation incorporate time in a manner inconsistent with theory. Results are applicable to all recreationists and...

The varying researcher assumptions about model specification in nested-logit random utility models can have significant effects on model estimates and corresponding welfare measures. Using a three-level nested-logit model of Oregon marine sport fishing, we estimate and compare several models...

Multiproduct, multispecies revenue functions are estimated for the midwater and bottom-trawl pollock fisheries off Alaska. There are strong year and seasonal effects on coefficient estimates, and the technology is joint in outputs for each major operation type. The model is a step toward...

This research seeks to produce more robust, less biased estimates from the two-constraint recreation demand model by applying globally flexible estimation techniques to travel cost data for California whale watching trips. While locally flexible functional forms do improve upon previously used...

Using a survey of western Canadian agricultural landowners, we examine the cost and viability of two distinct afforestation options for carbon-uptake purposes. Responses to two separate, but most-likely related willingness to accept compensation questions are elicited using the contingent...

This research seeks to produce more robust, less biased estimates from the two-constraint recreation demand model by applying globally flexible estimation techniques to travel cost data for California whale watching trips. While locally flexible functional forms do improve upon previously used...

Inclusion of multi-destination and multi-purpose visitors has an appreciable influence on a standard count data travel cost model derived estimate of willingness to pay but the differences are not statistically significant. We adapt a more general travel cost model (TCM) of Parsons and Wilson...

The costs of living with wildlife are assessed using Namibian subsistence farmers willingness to pay (WTP) for deterrents to attacks on crops and livestock as a measure of damage costs. A utility-theoretic approach jointly estimates household WTP for deterrent programs in two currencies, maize...

An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time...