Estimating habit‐forming and variety‐seeking behavior: Valuation of recreational birdwatching

نویسندگان

چکیده

Abstract Past experiences influence choices, and people's preferences for more similar (habit‐forming) or different (variety‐seeking) are reflected in these choices. We develop a structural estimation framework to capture whether people habit forming variety seeking apply it the choice of recreation site. This research contributes revealed preference literature by demonstrating how account variety‐seeking behavior site models two‐stage framework. Using this framework, we estimate similarity weights that reflect birders formation preferences. Predicted probabilities from first stage model then incorporated into second stage, mixed logit bird watching trips eBird, their members. find including dynamic elements choice, specifically behavior, can double estimated willingness pay (WTP) individual sites relative static model. Although our sample taken eBird members is convenience, results suggest lower bound on demand WTP estimates. related land cover site's fixed attributes, whereas appears seasonality context.

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ژورنال

عنوان ژورنال: American Journal of Agricultural Economics

سال: 2023

ISSN: ['0002-9092', '1467-8276']

DOI: https://doi.org/10.1111/ajae.12422