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

Research output: Contribution to journalArticle

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 languageEnglish
Pages (from-to)403-410
Number of pages8
JournalEconomics Letters
Volume72
Issue number3
DOIs
Publication statusPublished - Sep 2001

Keywords

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

Fingerprint Dive into the research topics of 'Identifying non-consistent choice behavior in recreation demand models'. Together they form a unique fingerprint.

  • Cite this