Accounting for stochastic shadow values of time in discrete-choice recreation demand models

DOI10.1016/J.JEEM.2005.02.001MaRDI QIDQ2569449zbMATH OpenOpenAlexFDO

Authors Daniel K. Lew, Douglas M. Larson

Publication date 27 October 2005

Published in Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeem.2005.02.001

zbMATH Keywords

beach recreationjoint estimationlabor supplymixed logitMonte Carlo methodsopportunity cost of timerecreation demandSan Diegotravel cost models

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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Cited in

(5)

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• Estimating the cost of leisure time for recreation demand models
• Choice and temporal welfare impacts: incorporating history into discrete choice models.
• A demand theory for number of trips in a random utility model of recreation
• Identifying non-consistent choice behavior in recreation demand models

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