Identifying non-consistent choice behavior in recreation demand models

Luís Catela Nunes; Maria A. Cunha-e-Sá; Maria M. Ducla-Soares; Márcia A. Rosado; Brett H. Day

doi:10.1016/S0165-1765(01)00449-9

Identifying non-consistent choice behavior in recreation demand models

Luís Catela Nunes, Maria A. Cunha-e-Sá, Maria M. Ducla-Soares, Márcia A. Rosado, Brett H. Day

NOVA School of Business and Economics (NOVA SBE)

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

In a RPL model, rather than imposing consistency with consumer theory by constraining the distribution of the price coefficient to have negative support, a more general procedure is developed. Non-consistent choice behavior is identified in a recreation demand model for game reserves in South Africa.

Original language	English
Pages (from-to)	403-410
Number of pages	8
Journal	Economics Letters
Volume	72
Issue number	3
DOIs	https://doi.org/10.1016/S0165-1765(01)00449-9
Publication status	Published - Sept 2001

Keywords

022
211
721
Neoclassical theory of preferences
Random parameter logit (RPL)
Recreation demand

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10.1016/S0165-1765(01)00449-9

Cite this

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abstract = "In a RPL model, rather than imposing consistency with consumer theory by constraining the distribution of the price coefficient to have negative support, a more general procedure is developed. Non-consistent choice behavior is identified in a recreation demand model for game reserves in South Africa.",

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AU - Rosado, Márcia A.

AU - Day, Brett H.

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Identifying non-consistent choice behavior in recreation demand models

Abstract

Keywords

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