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- Article] Implications of realization uncertainty on random utility models: The case of lottery rationed hunting
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DocNo of ILP: 6992
Doc. Type: Article
Title: Implications of realization uncertainty on random utility models: The case of lottery rationed hunting
Authors: Akabua, KM; Adamowicz, WL; Phillips, WE; Trelawny, P
Full Name of Authors: Akabua, KM; Adamowicz, WL; Phillips, WE; Trelawny, P
Keywords by Author:
Keywords Plus: RECREATION DEMAND; DISCRETE-CHOICE; NEWFOUNDLAND; FOREST; DAMAGE
Abstract: Conditional multinomial legit (MNL) models are often used to estimate the value of nonmarket resources under the assumption that consumer choices will be realized with certainty. The conditional MNL may not be appropriate when choices made may not be realized with certainty, such as when rationing mechanisms are used as a means of managing nonmarket resources. Two models that address this issue, developed by Boxall (1995) and Ronwendal (1989), are compared here to estimate welfare measures for moose hunting in Newfoundland. The results from these two models differ significantly from the results of a simple conditional MNL model.
Cate of OECD: Other agricultural sciences
Year of Publication: 1999
Business Area: lottery
Detail Business: lottery
Country: Canada
Study Area: promotion, welfare, market, market, consumer
Name of Journal: CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE
Language: English
Country of Authors: Canadian Univ Coll, Sch Business & Econ, College Hts, AB, Canada; Univ Alberta, Dept Rural Econ, Edmonton, AB, Canada; Nat Resources Canada, Ottawa, ON, Canada
Press Adress: Akabua, KM (reprint author), Canadian Univ Coll, Sch Business & Econ, College Hts, AB, Canada.
Email Address:
Citaion:
Funding:
Lists of Citation: ADAMOWICZ WL, 1994, J AGR RESOUR ECON, V19, P19; AKABUA K, 1994, CANADIAN FOREST SERV; Ben-Akiva M., 1985, DISCRETE CHOICE ANAL; BORSCHSUPAN A, 1987, ECONOMETRIC ANAL DIS; BOXALL PC, 1995, CAN J AGR ECON, V43, P119, DOI 10.1111/j.1744-7976.1995.tb00111.x; Boxall PC, 1996, CAN J FOREST RES, V26, P982, DOI 10.1139/x26-108; Cameron A.C., 1986, J APPLIED ECONOMETRI, V1, P29, DOI DOI 10.1002/JAE.3950010104; DEATON A, 1989, EC CONSUMER BEHAV; FERGUSON SH, 1988, GROUPING NEWFOUNDLAN; Freeman A. M., 1993, MEASUREMENT ENV RESO; GOMEZ IA, 1993, J ENVIRON MANAGE, V37, P117, DOI 10.1006/jema.1993.1009; Fletcher J. J., 1990, Leisure Sciences, V12, P119; GROGGER JT, 1991, J APPL ECONOM, V6, P225, DOI 10.1002/jae.3950060302; HANEMANN WM, 1982, 241 U CALIFORNIA; HAUSMAN JA, 1995, J PUBLIC ECON, V56, P1, DOI 10.1016/0047-2727(93)01415-7; Hensher D. A., 1981, APPL DISCRETE CHOICE; JEHLE GA, 1991, ADV MICROECONOMIC TH; LOOMIS J, 1982, J LEISURE RES, V14, P117; LOOMIS JB, 1982, J ENVIRON MANAGE, V14, P283; Maddala G.S., 1983, LTD DEPENDENT QUALIT; McFadden D, 1973, FRONTIERS ECONOMETRI; MCFADDEN F, 1981, STRUCTURAL ANAL DISC; MOREY ER, 1993, AM J AGR ECON, V75, P578, DOI 10.2307/1243565; NICKERSON PH, 1990, LAND ECON, V66, P437, DOI 10.2307/3146626; PIMLOTT DH, 1953, NEWFOUNDLAND MOOSE; PIMLOTT DH, 1963, T 6 C INT UN GAM BIO; ROUWENDAL J, 1989, CHOICE ALLOCATION MO; THOMPSON ID, 1992, FOREST ECOL MANAG, V47, P29, DOI 10.1016/0378-1127(92)90263-9; THOMPSON ID, 1993, CAN J FOREST RES, V23, P1388, DOI 10.1139/x93-175; Varian H.-R., 1992, MICROECONOMIC ANAL
Number of Citaion: 30
Publication: CANADIAN AGRICULTURAL ECONOMICS SOCIETY
City of Publication: OTTAWA
Address of Publication: 141 LAURIER AVE WEST, SUITE 1112, OTTAWA, ONTARIO K1P 5J3, CANADA
ISSN: 0008-3976
29-Character Source Abbreviation: CAN J AGR ECON
ISO Source Abbreviation: Can. J. Agric. Econ.-Rev. Can. Agroecon.
Volume: 47
Version: 2
Start of File: 165
End of File: 179
DOI: 10.1111/j.1744-7976.1999.tb00389.x
Number of Pages: 15
Web of Science Category: Agricultural Economics & Policy; Economics
Subject Category: Agriculture; Business & Economics
Document Delivery Number: 257NR
Unique Article Identifier: WOS:000083788600005
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