RANDOM UTILITY MODELS OF RECREATIONAL FISHING: CATCHING FISH USING A POISSON PROCESS

Name: Work Video:
Duration: 3 min 30 s
Description: This paper presents a Poisson model of expected angler catch during a sportfishing trip and employs the expected catch in a random utility model of site choice. The approach permits greater heterogeneity in expected catch and in individual welfare estimates from policies such as creel limits.
Kenneth E. McConnell; Ivar E. Strand; Lynne Blake-Hedges
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