Modeling Overnight Recreation Trip Choice: Application of a Repeated Nested Multinomial Logit Model
W. Shaw and
Michael Ozog
Environmental & Resource Economics, 1999, vol. 13, issue 4, 397-414
Abstract:
In this paper we apply the repeated nested multinomial logit model, a version of a random utility model (RUM), to estimate the choice of an overnight versus single day recreation trip, along with the other usual choice of which of the sites to visit, and less typically, the choice of whether to participate (in our application – to fish) at all. We also find statistically significant income effects in the empirical results. The application is to Atlantic Salmon fishing and the data set is for Maine resident angler's fishing trips to rivers in Maine and Canada. Copyright Kluwer Academic Publishers 1999
Keywords: repeated nested multinomial logit; RUM; recreation demand; salmon fishing; trip length decisions (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:13:y:1999:i:4:p:397-414
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DOI: 10.1023/A:1008218803875
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