A review of 116 travel cost models finds that, of the studies that report their practice, about
half include depreciation in their calculation of vehicle costs and half do not, with none …

Recent theoretical models of retail competition suggest that product heterogeneity is critical
to retail price and variety strategies. This article provides empirical evidence on supermarket …

The authors fitted a number of time-series econometric models to monthly visitation data of a
national park to examine the effect of impaired visibility on visitation demand. Using a …

Continuous and count data demand system models have emerged as attractive alternatives
to the discrete choice random utility maximization models (RUMs) that currently dominate …

Abstract Small and Rosen's (Econometrica 49 (1): 105–130, 1981) method for measuring
consumer surplus using discrete choice models has been widely adopted in public policy …

The Kuhn-Tucker demand model is an attractive, recent addition to the methods available for
analyzing seasonal, multiple-site recreation demand data. We provide a new application of …

In this study, we use an estimation method of combining revealed preference (RP) with
stated preference (SP) to measure the effects of park attribute improvement on the tourism …

A generalized version of a well‐known statistical result is used to suggest an alternative
strategy for estimating nested constant elasticity of substitution preferences for recreation …

Traditional recreation demand models do not make a distinction between a household and
an individual as the reference decision‐making unit, thus assuming that a family maximizes …

Resource economists are often asked to value a proposed change at one, and only one,
recreational site; the model we develop and estimate is applicable for those cases. The …