Heterogeneous preferences for congestion during a wilderness experience
نویسندگان
چکیده
This analysis breaks down the congestion levels experienced during specific parts of a wilderness canoe trip. By explicitly addressing the heterogeneity in preferences for congestion during a trip, we are able to determine the relative value canoeists place on solitude at different points of a trip. Our econometric model utilizes a random effects probit framework to efficiently estimate the welfare impacts of congestion on each trip portion. The welfare effects of congestion levels vary across wilderness areas, parts of a trip and individuals. © 2002 Elsevier Science B.V. All rights reserved. JEL classification: Q26
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