|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|
travel cost models
Travel time (Traffic engineering) Mathematical models
|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. https://doi.org/10.1111/j.1467-8276.2008.01148.x|
|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.|
|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.|
|AJAE printed paper.pdf||Fulltext - Published Version||157.37 kB||Adobe PDF||Under Permanent Embargo Request a copy|
Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.
This item is protected by original copyright
Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved https://creativecommons.org/publicdomain/zero/1.0/
If you believe that any material held in STORRE infringes copyright, please contact firstname.lastname@example.org providing details and we will remove the Work from public display in STORRE and investigate your claim.