AN INVERSE DEMAND APPROACH TO RECREATION FISHING SITE CHOICE AND IMPLIED MARGINAL VALUES

An alternative methodology for determining marginal willingness to pay values for recreational fishing trips is developed based on inverse demand systems and the distance function. Our empirical application uses joint estimation of several species-specific site equations from a recreation fishing data set. Results are compared to a random utility model.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21577
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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