Combining Aggregate Demand and Discrete Choice Data with Application to Deer License Demand in Indiana.

Estimating demand for licenses for recreational activities is complicated because of a lack of meaningful variation across time, space, buyer types, and license attributes, including price. Prior work uses discrete choice experiments (DCEs) to overcome this challenge, but the resulting demand models...

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Detalles Bibliográficos
Publicado en:Land Economics Vol. 99; no. 4; pp. 477 - 490
Autores principales: Reeling, Carson, Erickson, Dane, Kim, Yusun, Lee, John G., Widmar, Nicole J. O.
Formato: Artículo
Publicado: University of Wisconsin Press Nov2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Combining Aggregate Demand and Discrete Choice Data with Application to Deer License Demand in Indiana.
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          Reeling, Carson
          Erickson, Dane
          Kim, Yusun
          Lee, John G.
          Widmar, Nicole J. O.
      su:
        Indiana
        Prices
        Aggregate demand
        Demand function
        Deer
        Market share
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        subj:
          Prices
          Indiana
          All other miscellaneous animal production
          All Other Animal Production
          Aggregate demand
          Demand function
          Deer
          Market share
      keyword:
        Q21
        Q26
        Q21
        Q26
      ab: Estimating demand for licenses for recreational activities is complicated because of a lack of meaningful variation across time, space, buyer types, and license attributes, including price. Prior work uses discrete choice experiments (DCEs) to overcome this challenge, but the resulting demand models are unlikely to replicate observed demands in the absence of ad hoc calibration procedures. We use a generalized method of moments–based approach that combines DCE data with observed market share data to estimate a choice model that yields demand functions that much more closely replicate observed data.
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    language: English
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