Modelling Recreation Demand Using Choice Experiments: Climbing in Scotland

Nick Hanley, Robert Wright () and Gary Koop

Environmental & Resource Economics, 2002, vol. 22, issue 3, 449-466

Abstract: This paper is concerned with the use of thechoice experiment method for modelling thedemand for recreation, using the example ofrock-climbing in Scotland. We begin byoutlining the method itself, including itstheoretical and econometric underpinnings. Datacollection procedures are then outlined. Wepresent results from both nested and non-nestedmodels, and report some tests for theimplications of choice complexity andrationality. Finally, we compare our resultswith a revealed preference data model based onthe same sample of climbers. Copyright Kluwer Academic Publishers 2002

Keywords: choice experiments; complexity; environmental valuation; rationality; recreation demand; rock climbing (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (96)

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DOI: 10.1023/A:1016077425039

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