Random Utility Models of Recreational Fishing: Catching Fish Using a Poisson Process

Kenneth McConnell (), Strand, Ivar E., and Lynne Blake-Hedges

Marine Resource Economics, 1995, vol. 10, issue 3

Abstract: This paper presents a Poisson model of expected angler catch during a sportfishing trip and employs the expected catch in a random utility model of site choice. The approach permits greater heterogeneity in expected catch and in individual welfare estimates from policies such as creel limits.

Keywords: sportfishing; creel limits; expected catch; Environmental Economics and Policy; Resource /Energy Economics and Policy (search for similar items in EconPapers)
Date: 1995
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