A Discrete-Count Model of Recreational Demand
Journal of Environmental Economics and Management, 29, 214-227 (1995)
14 Pages Posted: 24 Feb 2016
Date Written: September 22, 1995
Discrete choice models generate welfare measures resulting from environmental quality changes on a per trip basis instead of over a longer, more policy-relevant time period. Seasonal or annual welfare measures resulting from a quality change are often computed by multiplying each individual′s per trip welfare measure by the number of trips the individual is forecasted to take at the new quality level. These models are typically formulated so that increases in the quality of any site causes every individual to increase his or her participation. This paper presents an alternative method of linking the discrete choice model to a demand model, enabling welfare changes to be estimated in a conventional manner.
Keywords: discrete choice models, environmental quality changes, demand model, welfare change
JEL Classification: q26,c25
Suggested Citation: Suggested Citation