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Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification and fitting procedures to identify the best set of...
Persistent link: https://www.econbiz.de/10005290987
This paper incorporates a rich set of physical water quality attributes, as well as site and household characteristics, into a model of recreational lake usage in Iowa. Our analysis shows individuals are responsive to physical water quality measures and WTP estimates are reported based on...
Persistent link: https://www.econbiz.de/10005338271
Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification and fitting procedures to identify the best set of...
Persistent link: https://www.econbiz.de/10014211421
This paper incorporates a rich set of physical water quality attributes, as well as site and household characteristics, into a model of recreational lake usage in Iowa. Our analysis shows individuals are responsive to physical water quality measures. Willingness-to-pay estimates are reported...
Persistent link: https://www.econbiz.de/10005437194
This paper incorporates a rich set of physical water quality attributes, as well as site and household characteristics, into a model of recreational lake usage in Iowa. Our analysis shows individuals are responsive to physical water quality measures. Willingness-to-pay estimates are reported...
Persistent link: https://www.econbiz.de/10005786415
The aesthetic quality of water resources is often assumed to be valuable to society, yet few robust estimates of this value have been reported in the limnological literature. Because entire lakes and rivers are not bought and sold regularly, their aesthetic value cannot be determined by...
Persistent link: https://www.econbiz.de/10004998553
The purpose of this paper is to consider the problem of controlling for on-site sampling in the context of a system (or panel) of demand equations. Specifically, in the context of recreation demand, we are concerned with the situation in which survey respondents are asked to provide information...
Persistent link: https://www.econbiz.de/10005441841