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| Author: | Haab, T. Hicks, R. |
| Title: | Accounting for choice set endogeneity in random utility models of recreation demand |
| Journal: | Journal of Environmental Economics and Management
1997 : OCT, VOL. 34:2, p. 127-147 |
| Index terms: | ENVIRONMENTAL ECONOMICS UTILITY THEORY RECREATION |
| Language: | eng |
| Abstract: | Modeling the choice among a discrete set of recreation alternatives is driven by the possible patterns of substitution among sites. Researchers typically assume that the individual's choice set is the same as the set of alternatives included in the recreation survey instrument. The authors' endogenous choice set model is a generalization of the standard multinomial logit random utility model which allows for the possibility of heterogeneous choice sets that are endogenously determined in the model. |
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