Item

Latent class count models of total visitation demands: days out hiking in the eastern Alps

Abstract
We report preliminary results on the investigation of the hypothesis of the existence of latent classes in the total demand for days out in a vast section of the Italian Eastern Alps. Finite mixing is informed by socioeconomic variables and it is limited to the demand portion of a hurdle model of visitation. Gradually more flexible count models are estimated moving from the Poisson to the Negative Binomial -1 and -2, to the generalized negative binomial. The implications for expected consumers surplus, predicted visitation and choke prices are discussed for a plausible 2 class model where years of experience play an important role in class membership.
Type
Journal Article
Type of thesis
Series
Citation
Scarpa, R., Thiene, M. & Tempesta, T. (2007). Latent class count models of total visitation demands: days out hiking in the eastern Alps. Environmental and Resource Economics, 38(4), 447-460.
Date
2007
Publisher
SPRINGER
Degree
Supervisors
Rights