Effects on Welfare Measures of Alternative Means of Accounting for Preference Heterogeneity in Recreational Demand Models

Stephen Hynes, Nick Hanley () and Riccardo Scarpa ()

American Journal of Agricultural Economics, 2008, vol. 90, issue 4, pages 1011-1027

Abstract: Multiattribute-revealed preference data are used to investigate heterogeneity in a sample of kayakers for a panel of whitewater sites in Ireland. This article focuses on a comparison of preference heterogeneity using a random parameter logit model with correlated tastes and a latent class model, in terms of the implications for welfare measures of environmental quality and site-access changes. Recreationalists' skill levels are found to affect preferences in both approaches. Statistics for the estimated distribution of welfare changes for the average respondent are computed for changes in site attributes, but contrary to previous work, these are found to be of similar magnitude. Copyright Copyright 2008 Agricultural and Applied Economics Association.

Date: 2008
View citations in EconPapers

Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... &year=2008&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:ajagec:v:90:y:2008:i:4:p:1011-1027

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0002-9092

Access Statistics for this article

American Journal of Agricultural Economics is edited by Peter Berck, Robert J. Myers, Ian M. Sheldon and B. Wade Brorsen

More articles in American Journal of Agricultural Economics from American Agricultural Economics Association
Series data maintained by Christopher F. Baum ().