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    Endogenous On-Site Time in the Recreation Demand Model1999

    BERMAN M.D., KIM H.J.Journaux et Revues (scientifiques)

    valeurs récréatives ou d'agrément, pêche / chasse, coûts de déplacement

    Land Economics
    Vol. 75, No. 4 (Nov., 1999), pp. 603-619

    Careful modeling of on-site time may substantially improve estimates of the benefits of recreational visits using the travel cost method, especially when on-site time is endogenous. This paper reviews the theory of endogenous on-site time, and shows how the theory may apply to the Random Utility Model (RUM). An empirical example of a two-level, nested-choice model of sport fishing in southcentral Alaska illustrates a discussion of the relative advantages of the different ways to specify endogenous on-site time.

    http://www.jstor.org/stable/3147069

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