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Fishing for more understanding: a mixed logit-error component model of freshwater angler site choice AgEcon
Beville, Stephen; Kerr, Geoffrey N..
Recreational anglers are known to seek different types of experiences in different settings. Such preference and behavioural diversity has important management implications. Research methods which assume only a limited degree of preference heterogeneity and impose rigid substitution patterns can impair understanding of individual’s unique decision process and lead to misguided management and policy recommendations. This paper reports results from an internet-based stated preference survey of recreational trout anglers in the North Canterbury Region of New Zealand. A mixed logit model, which simultaneously specifies random parameters plus error components, is used to capture the extent of random preference heterogeneity in systematic utility along with...
Tipo: Conference Paper or Presentation Palavras-chave: Random utility model; Latent class; Mixed logit; Error component; Heterogeneity; Recreational angler.
Ano: 2009 URL: http://purl.umn.edu/48038
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