Modeling recreation demand within a random utility framework

V. Kerry Smith; Yoshiaki Kaoru

doi:10.1016/0165-1765(86)90105-9

Modeling recreation demand within a random utility framework

V. Kerry Smith, Yoshiaki Kaoru

Economics

Research output: Contribution to journal › Article › peer-review

12 Scopus citations

Abstract

This paper develops a single site, single trip random utility model for describing recreation behavior. The model is applied to a 1981 survey of households in the Pennsylvania Monongahela River Basin. Hicksian benefit estimates derived from it are compared with those from a more conventional travel cost model estimated from the same survey.

Original language	English (US)
Pages (from-to)	395-399
Number of pages	5
Journal	Economics Letters
Volume	22
Issue number	4
DOIs	https://doi.org/10.1016/0165-1765(86)90105-9
State	Published - 1986

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0165-1765(86)90105-9

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title = "Modeling recreation demand within a random utility framework",

abstract = "This paper develops a single site, single trip random utility model for describing recreation behavior. The model is applied to a 1981 survey of households in the Pennsylvania Monongahela River Basin. Hicksian benefit estimates derived from it are compared with those from a more conventional travel cost model estimated from the same survey.",

author = "Smith, {V. Kerry} and Yoshiaki Kaoru",

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AU - Smith, V. Kerry

AU - Kaoru, Yoshiaki

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AB - This paper develops a single site, single trip random utility model for describing recreation behavior. The model is applied to a 1981 survey of households in the Pennsylvania Monongahela River Basin. Hicksian benefit estimates derived from it are compared with those from a more conventional travel cost model estimated from the same survey.

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VL - 22

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JO - Economics Letters

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Modeling recreation demand within a random utility framework

Abstract

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