This paper is concerned with the use of thechoice experiment method for modelling thedemand for recreation, using the example ofrock-climbing in Scotland. We begin byoutlining the method itself, including itstheoretical and econometric underpinnings. Datacollection procedures are then outlined. Wepresent results from both nested and non-nestedmodels, and report some tests for theimplications of choice complexity andrationality. Finally, we compare our resultswith a revealed preference data model based onthe same sample of climbers.
- choice experiments
- environmental valuation
- recreation demand
- rock climbing
Hanley, N., Koop, G. M., & Wright, R. E. (2002). Modelling recreation demand using choice experiments: climbing in Scotland. Environmental and Resource Economics, 22(3), 449-466. https://doi.org/10.1023/A:1016077425039