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Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand

Daniel Phaneuf, Catherine Kling and Joseph Herriges

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: The Kuhn-Tucker model provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. This paper provides an application of the Kuhn-Tucker model to the problem of recreation demand and site selection, modeling the demand for fishing in the Wisconsin Great Lakes region.

Date: 1998-07
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https://www.card.iastate.edu/products/publications/pdf/99wp207.pdf Full Text (application/pdf)
https://www.card.iastate.edu/products/publications/synopsis/?p=229 Online Synopsis (text/html)

Related works:
Journal Article: Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand (2000) Downloads
Working Paper: Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand (2000) Downloads
Working Paper: Estimation and Welfare Calculation in a Generalized Corner Solution Model with an Application to Recreation Demand (2000) Downloads
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