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SINGLE VERSUS MULTIPLE OBJECTIVE RECREATION TRIPS: A SPLIT-SAMPLE MULTI-SITE ANALYSIS
Yeh, Chia-Yu ,
Brent Sohngen and
Timothy Habb
Authors registered in the RePEc Author Service: Tim Haab ()
No 20444, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
A random utility model of the choice over trip duration on multiple objective recreation trips is developed. We explore several methods for allocating trip expenses to estimate the welfare of single and multiple-objective trips. Preliminary results suggest that traditional methods for handling travel costs are inadequate in a multiple-objective setting.
Keywords: Resource /Energy Economics and Policy (search for similar items in EconPapers)
Date: 2001
Downloads: (external link)http://purl.umn.edu/20444 (application/pdf)
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Persistent link: http://EconPapers.repec.org/RePEc:ags:aaea01:20444
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