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2001•RePEc: Research Papers in EconomicsOpen access

SINGLE VERSUS MULTIPLE OBJECTIVE RECREATION TRIPS: A SPLIT-SAMPLE MULTI-SITE ANALYSIS

Chia-Yu Yeh, Brent Sohngen, Habb, Timothy, Yeh, Chia-Yu, Sohngen, Brent, Habb, Timothy

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Abstract

A random utility model of the choice over trip duration on multiple objective recreation trips is developed. We explore several methods for allocating trip expenses to estimate the welfare of single and multiple-objective trips. Preliminary results suggest that traditional methods for handling travel costs are inadequate in a multiple-objective setting.

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A random utility model of the choice over trip duration on multiple objective recreation trips is developed. We explore several methods for allocating trip expenses to estimate the welfare of single and multiple-objective trips. Preliminary results suggest that traditional methods for handling travel costs are inadequate in a multiple-objective setting.

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Available abstract

A random utility model of the choice over trip duration on multiple objective recreation trips is developed. We explore several methods for allocating trip expenses to estimate the welfare of single and multiple-objective trips. Preliminary results suggest that traditional methods for handling travel costs are inadequate in a multiple-objective setting.

Key concepts: TRIPS architecture, Recreation, Sample (material), Welfare, Duration (music), Transport engineering, Computer science, Economics

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