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Decision Sequence in the Nested-Logit Model of Recreation Choice: An Application to Oregon Marine Sport Fishing (DRAFT)

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  • Shaikh, Sabina L.
  • Larson, Douglas M.

Abstract

The varying researcher assumptions about model specification in nested-logit random utility models can have significant effects on model estimates and corresponding welfare measures. Using a three-level nested-logit model of Oregon marine sport fishing, we estimate and compare several models with varying assumptions of choice sequence and income effects.

Suggested Citation

  • Shaikh, Sabina L. & Larson, Douglas M., 2001. "Decision Sequence in the Nested-Logit Model of Recreation Choice: An Application to Oregon Marine Sport Fishing (DRAFT)," 2001 Annual meeting, August 5-8, Chicago, IL 20761, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20761
    DOI: 10.22004/ag.econ.20761
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    References listed on IDEAS

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    1. Catherine L. Kling & Cynthia J. Thomson, 1996. "The Implications of Model Specification for Welfare Estimation in Nested Logit Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(1), pages 103-114.
    2. A. Brett Hauber & George R. Parsons, 2000. "The Effect of Nesting Structure Specification on Welfare Estimation in a Random Utility Model of Recreation Demand: An Application to the Demand for Recreational Fishing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 501-514.
    3. Joseph A. Herriges & Catherine L. Kling, 1999. "Nonlinear Income Effects in Random Utility Models," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 62-72, February.
    4. Douglas M. Larson & Sabina L. Shaikh, 2001. "Empirical Specification Requirements for Two-Constraint Models of Recreation Choice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 428-440.
    5. Edward R. Morey & Robert D. Rowe & Michael Watson, 1993. "A Repeated Nested-Logit Model of Atlantic Salmon Fishing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(3), pages 578-592.
    6. W. Shaw & Michael Ozog, 1999. "Modeling Overnight Recreation Trip Choice: Application of a Repeated Nested Multinomial Logit Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(4), pages 397-414, June.
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