Modeling Congestion as a Form of Interdependence in Random Utility Models

Peter Boxall, Grant Hauer and Wiktor Adamowicz

No 24078, Staff Paper Series from University of Alberta, Department of Resource Economics and Environmental Sociology

Abstract: This paper develops a theory of interdependent utility functions in examining congestion in recreation demand equilibria. The notion is examined empirically through the development of congestion forecasting functions which individuals use to sort themselves among a set of recreation sites. These forecasts are used in site choice models estimated on revealed preference information. An interesting outcome of this exercise is that recreation site attribute changes, which are projected to provide positive utility, may in fact generate negative utility if the effect of the change on congestion is jointly considered.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 30
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://ageconsearch.umn.edu/record/24078/files/sp050001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ualbsp:24078

DOI: 10.22004/ag.econ.24078

Access Statistics for this paper

More papers in Staff Paper Series from University of Alberta, Department of Resource Economics and Environmental Sociology Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().