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Volume 14, Number 4, 1999 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/28079
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| Title: | CHOICE SET DEFINITION ISSUES IN A KUHN-TUCKER MODEL OF RECREATION DEMAND |
| Authors: | Phaneuf, Daniel J.
Herriges, Joseph A. |
| Issue Date: | 1999 |
| Abstract: | Much of the literature on choice sets has focused on how alternative specifications of market scope and site definition impact site selection models and the resulting welfare estimates per choice occasion. In this paper, choice set definition issues are investigated using the Kuhn-Tucker model, which integrates the site selection and participation decisions in a unified and utility theoretic framework. This allows us to consider the impact that alternative site set definitions may have on both where individuals recreate and the numbers of trips they take. Using data from the 1997 Iowa Wetlands Survey we examine the effects on estimates and welfare measures of choice sets representing various levels of site aggregation and market scope. We find that significant differences in welfare measures arise from changing choice set definitions. |
| URI: | http://purl.umn.edu/28079 |
| Institution/Association: | Marine Resource Economics>Volume 14, Number 4, 1999 |
| Total Pages: | 13 |
| Language: | English |
| From Page: | 343 |
| To Page: | 355 |
| Collections: | Volume 14, Number 4, 1999
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