Predictive validity of stated preference data: evidence from mountain bike park visits before and after trail system expansion

Kevin Atkinson and John Whitehead

Applied Economics Letters, 2015, vol. 22, issue 9, 730-733

Abstract: This article investigates the validity of stated preference data for use in recreation demand estimation. We use stated preference and revealed preference data from users of a mountain bike park collected before and after an expansion of the trail system. The ex-ante stated preference data elicited before the change exhibits hypothetical bias, but it would provide useful information for demand prediction.

Date: 2015
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Working Paper: Predictive Validity of Stated Preference Data: Evidence from Mountain Bike Park Visits Before and After Trail System Expansion (2014)
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DOI: 10.1080/13504851.2014.972541

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