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bootstrap augmented nonparametric procedure to precisely bound welfare when price data contains measurement error. The technique …
Persistent link: https://www.econbiz.de/10009445755
A Bayesian variable selection procedure is used to control for uncertainty in the specification of a recreational demand model. Specifically, we propose a model that draws on the Bayesian paradigm to integrate the variable selection process into model estimation and to reflect the accompanying...
Persistent link: https://www.econbiz.de/10010987488
We evaluate the stability of coefficient and willingness to pay (WTP) estimates for recreation services over two time periods. To address this question, we estimate a Random Utility Maximization (RUM) model of recreation demand, using two datasets from different time periods, but concerning the...
Persistent link: https://www.econbiz.de/10005000531
Persistent link: https://www.econbiz.de/10013347271
Popular perception holds that employment stability has decreased in recent decades. However, no conclusive evidence exists on secular declines in the length of jobs held. Furthermore, most studies conclude that the proportion of long term jobs has remained remarkably stable over the last few...
Persistent link: https://www.econbiz.de/10005089383
The paper tests two alternative specifications for the opportunity cost of time in travel cost models. The standard travel cost survey design is enriched to include a contingent valuation type question about peoples' willingness to accept compensation to forgo a precisely defined recreational...
Persistent link: https://www.econbiz.de/10009446901
This study has examined the use of an Object-Oriented GIS framework to generate and analyze spatial data in recreation demand analysis. Several forms of GIS analysis are introduced and explained as how they can be utilized in recreational demand analysis. An application of GIS to calculate...
Persistent link: https://www.econbiz.de/10005493752
Conjoint analysis, widely used in marketing research, offers an alternative resource valuation approach suited to outdoor recreation activities characterized as multiattribute. Design, implementation, and interpretation of conjoint analysis are reviewed in the context of recreation applications....
Persistent link: https://www.econbiz.de/10005802673
The paper tests two alternative specifications for the opportunity cost of time in travel cost models. The standard travel cost survey design is enriched to include a contingent valuation type question about peoples' willingness to accept compensation to forgo a precisely defined recreational...
Persistent link: https://www.econbiz.de/10005802729
Land management in Alpine Parks provides multifunctional services to separate groups of users. Choice experiments can be used to derive estimates of value for different management attributes. However, little research has been conducted on how frequently respondents ignore attributes used to...
Persistent link: https://www.econbiz.de/10009444793