A Discrete-Choice Model of Recreational Participation, Site Choice, and Activity Valuation When Complete Trip Data Are Not Available'

Abstract A discrete-choice model of the demand for site-specific recreational activities is developed and estimated. It simultaneously predicts both how many trips the individual will take and which site will be chosen on each trip. The model is formulated to estimate demand when the data set reports the total number of trips in a given time period, but the actual destinations for only a subset of the total. The model also includes a correction for sample-selectivity bias. The application is marine recreational fishing. The consumer's surplus associated with any change in supply conditions is derived and used to assess the impact of changes in species availability.

[1]  M. Ben-Akiva,et al.  A THEORETICAL AND EMPIRICAL MODEL OF TRIP CHAINING BEHAVIOR , 1979 .

[2]  E. Morey.  The demand for site-specific recreational activities: A characteristics approach , 1981 .

[3]  Steven R. Lerman,et al.  The Estimation of Choice Probabilities from Choice Based Samples , 1977 .

[4]  Richard C. Bishop,et al.  The Travel Cost Model for Lake Recreation: A Comparison of Two Methods for Incorporating Site Quality and Substitution Effects , 1986 .

[5]  D. McFadden.  Econometric Models of Probabilistic Choice , 1981 .

[6]  Irene A. Stegun,et al.  Pocketbook of mathematical functions , 1984 .

[7]  D. Shaw,et al.  On-site samples' regression : Problems of non-negative integers, truncation, and endogenous stratification , 1988 .

[8]  Wagner A. Kamakura,et al.  Book Review: Structural Analysis of Discrete Data with Econometric Applications , 1982 .

[9]  K. Small,et al.  Applied Welfare Economics with Discrete Choice Models , 1981 .

[10]  Daniel R. Feenberg,et al.  Measuring the benefits of water pollution abatement , 1980 .

[11]  John E. Dennis,et al.  Numerical methods for unconstrained optimization and nonlinear equations , 1983, Prentice Hall series in computational mathematics.

[12]  K. W. Muckleston.  Salmon vs. Hydropower: Striking a Balance in the Pacific Northwest , 1990 .

[13]  Moshe Ben-Akiva,et al.  Discrete Choice Analysis: Theory and Application to Travel Demand , 1985 .

[14]  Moshe Ben-Akiva,et al.  JOINT-CHOICE MODEL FOR FREQUENCY, DESTINATION, AND TRAVEL MODE FOR SHOPPING TRIPS , 1976 .

[15]  E. Morey.  An introduction to checking, testing, and imposing curvature properties: the true function and the estimated function , 1986 .