Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/1726
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Effects on welfare measures of alternative means of accounting for preference heterogeneity in recreational demand models
Authors: Hynes, Stephen
Hanley, Nicholas
Scarpa, Riccardo
Contact Email: n.d.hanley@stir.ac.uk
Keywords: preference heterogeneity
travel cost models
Issue Date: Nov-2008
Publisher: Wiley-Blackwell / Agricultural and Applied Economics Association
Citation: Hynes S, Hanley N & Scarpa R (2008) Effects on welfare measures of alternative means of accounting for preference heterogeneity in recreational demand models, American Journal of Agricultural Economics, 90 (4), pp. 1011-1027.
Abstract: Multiattribute-revealed preference data are used to investigate heterogeneity in a sample of kayakers for a panel of whitewater sites in Ireland. This article focuses on a comparison of preference heterogeneity using a random parameter logit model with correlated tastes and a latent class model, in terms of the implications for welfare measures of environmental quality and site-access changes. Recreationalists' skill levels are found to affect preferences in both approaches. Statistics for the estimated distribution of welfare changes for the average respondent are computed for changes in site attributes, but contrary to previous work, these are found to be of similar magnitude.
Type: Journal Article
URI: http://hdl.handle.net/1893/1726
DOI Link: http://dx.doi.org/10.1111/j.1467-8276.2008.01148.x
Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Teagasc
Economics
University of Waikato

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