@article{Mkwara:115514,
      recid = {115514},
      author = {Mkwara, Lena Asimenye and Marsh, Dan},
      title = {Valuing Trout Angling Benefits of Water Quality  Improvements while Accounting for Unobserved Lake  Characteristics: An Application to the Rotorua Lakes},
      address = {2011},
      number = {1169-2016-93264},
      pages = {25},
      year = {2011},
      abstract = {Trout angling is one of the most popular water-based  recreational activities in the Rotorua Lakes. Despite the  high demand for trout angling and other recreational  purposes, water quality in some of these lakes has been  declining over the past decades and initiatives to try to  restore the lakes are underway. To compliment these  efforts, this study uses the travel cost random utility  models to explore how changes in water quality would impact  upon angler’s choice of fishing destinations. The welfare  impacts due to water quality changes and possible lake  closures are also explored. These findings highlight the  importance of discrete choice random utility models as a  policy decision making tool for recreational-based natural  resource managers in New Zealand. Additionally, this study  represents one of the unique cases in travel cost random  utility applications that accounts fully for unobserved  site effects.},
      url = {http://ageconsearch.umn.edu/record/115514},
      doi = {https://doi.org/10.22004/ag.econ.115514},
}