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Volume 17, Number 1, 2002 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/28283
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| Title: | COMPENSATING VARIATION FOR RECREATIONAL POLICY: A RANDOM UTILITY APPROACH TO BOATING IN FLORIDA |
| Authors: | Thomas, Michael H.
Stratis, Nicholas |
| Issue Date: | 2002 |
| Abstract: | A nested logit random utility travel cost model is developed for recreational boating in southwest Florida. Using data from a survey of recreational boaters, the model estimates site choice probabilities and compensating variation for changes in boating speed limits. Behavior is modeled as a two-step, discrete-choice process, where boaters first select a launch point for their trailered boats, then select a boating destination based on site characteristics. The results of this particular model are currently being used in policy applications in Florida. |
| URI: | http://purl.umn.edu/28283 |
| Institution/Association: | Marine Resource Economics>Volume 17, Number 1, 2002 |
| Total Pages: | 11 |
| Language: | English |
| From Page: | 23 |
| To Page: | 33 |
| Collections: | Volume 17, Number 1, 2002
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