Title: Predictive Validity of Stated Preference Data: Evidence from Mountain Bike Park Visits Before and After Trail System Expansion
Abstract: This paper investigates the validity of stated preference data for use in recreation demand estimation. We use stated preference and revealed preference data from users of a mountain bike park collected before and after an expansion of the trail system. The ex-ante stated preference data elicited before the change exhibits hypothetical bias, but, it would provide useful information for demand prediction. Key Words: hypothetical bias, recreation demand, revealed preference, stated preference
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: preprint
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