SINGLE VERSUS MULTIPLE OBJECTIVE RECREATION TRIPS: A SPLIT-SAMPLE MULTI-SITE ANALYSIS
Chia-Yu Yeh,
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)
Pages: 19
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20444
DOI: 10.22004/ag.econ.20444
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