Handling unobserved site characteristics in random utility models of recreation demand

By J. Murdock. 2006

194 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/6ff8dd7194c5e8fb172dd78077652ad44263c9c9

Citations in the corpus

• Consequences of the Clean Water Act and the Demand for Water Quality* (2018, unknown): “Such studies may suffer from omitted variable bias because unobserved disamenities like factories or roads contribute to pollution and discourage recreational visits (Leggett and Bockstael 2000; Murdock 2006; Moeltner and von Haefen 2011).”
• Combining Revealed and Stated Preference Data to Estimate the Nonmarket Value of Ecological Services: An Assessment of the State of the Science (2008, unknown): “Berry, Levinsohn, and Pakes (2004) and Murdock (2006) have proposed twostage econometric strategies for addressing endogeneity when only revealed preference data are available. However, an alternative strategy is to combine revealed preference data with stated preference data. For example, Von Haefe”
• A revealed preference approach to the measurement of congestion in travel cost models (2007, unknown): “Murdock [20,21] incorporates the random parameters logit into a specification that introduces unobserved site attributes into a travel cost analysis of Wisconsin recreational fishing.”