Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 449-466 |
| Number of pages | 17 |
| Journal | Environmental and Resource Economics |
| Volume | 22 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Jul 2002 |
Keywords
- choice experiments
- complexity
- environmental valuation
- rationality
- recreation demand
- rock climbing