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An Inverse Demand Approach To Recreation Fishing Site Choice And Implied Marginal Values

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

Abstract

An alternative methodology for determining marginal willingness to pay values for recreational fishing trips is developed based on inverse demand systems and the distance function. Our empirical application uses joint estimation of several species-specific site equations from a recreation fishing data set. Results are compared to a random utility model.

Suggested Citation

  • Larson, Douglas M. & Shaikh, Sabina L., 1999. "An Inverse Demand Approach To Recreation Fishing Site Choice And Implied Marginal Values," 1999 Annual meeting, August 8-11, Nashville, TN 21577, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21577
    DOI: 10.22004/ag.econ.21577
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    References listed on IDEAS

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