"Familiar and Favorite Sites in a Random Utility Model of Beach Recreation" by George R Parsons

Selected Works of George Parsons

Follow Contact

Article

Familiar and Favorite Sites in a Random Utility Model of Beach Recreation

Marine Resource Economics (1999)

George R Parsons, University of Delaware
Daniel Mathew Massey
Ted Tomasi

Download Find in your library

Keywords

Travel Cost,
Beaches,
Random Utility

Disciplines

Agricultural and Resource Economics and
Public Economics

Publication Date

1999

Publisher Statement

We estimate a random utility model of recreation demand accounting for choice set familiarity and favorite sites. Our approach differs from existing approaches by retaining all sites in estimating the parameters of site utility. Familiar and unfamiliar sites are specified with different utility functions. Favored sites are assumed to have higher utility than nonfavored sites in estimation.

Citation Information

George R Parsons, Daniel Mathew Massey and Ted Tomasi. "Familiar and Favorite Sites in a Random Utility Model of Beach Recreation" Marine Resource Economics Vol. 14 (1999)
Available at: http://works.bepress.com/george_parsons/16/