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dc.contributor.authorBeville, Stephenen
dc.contributor.authorKerr, Geoffrey N.en
dc.date.accessioned2011-08-09T23:19:57Z
dc.date.issued2010en
dc.identifier.urihttps://hdl.handle.net/10182/3768
dc.description.abstractRecreational anglers are known to seek different types of experiences in different settings. Such preference and behavioural diversity has important management implications. Research methods which assume only a limited degree of preference heterogeneity and impose rigid substitution patterns can impair understanding of individual’s unique decision process and lead to misguided management and policy recommendations. This paper reports results from an internet-based stated preference survey of recreational trout anglers in the North Canterbury Region of New Zealand. A mixed logit model, which simultaneously specifies random parameters plus error components, is used to capture the extent of random preference heterogeneity in systematic utility along with variance differences in unobserved utility at the alternative specific level. These error components are independent of the random parameters and fully relax the IID property. The model is further generalised to control for heterogeneity in the means and heteroscedasticity in the variances of the random parameters as well as error components using angler’s self reported skill level. The performance of the extended mixed logit-error component specification is evaluated against multinomial logit and latent class.en
dc.format.extent1-24en
dc.language.isoenen
dc.publisherLincoln University. Department of Environmental Management.en
dc.relationThe original publication is available from - Lincoln University. Department of Environmental Management.en
dc.rightsCopyright by author(s). Readers may make copies of this document for non-commercial purposes only, provided that this copyright notice appears on all such copies.en
dc.source4th World Congress of Environmental Resource Economistsen
dc.subjectrandom utility modelen
dc.subjectlatent classen
dc.subjectmixed logiten
dc.subjecterror componenten
dc.subjectheterogeneityen
dc.subjectrecreational angleren
dc.titleFishing for more understanding: a mixed logit-error component model of freshwater angler site choiceen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Environment, Society and Designen
lu.contributor.unitDepartment of Environmental Managementen
pubs.finish-date2010-07-02en
pubs.notesPaper presented at the Australian Agricultural and Resource Economics Society 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia.en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Environment, Society and Design
pubs.organisational-group/LU/Faculty of Environment, Society and Design/DEM
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublisheden
pubs.start-date2010-06-28en
lu.identifier.orcid0000-0002-5806-1944
lu.subtypeConference Paperen


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