Estimating tournament effects on sportfishing demand

• John R. McKean ; Donn Johnson ^[2] ; R.G. Taylor ^[1]
  1. [1] University of Idaho

     University of Idaho

     Estados Unidos

     
  2. [2] Quinnipiac University

     Quinnipiac University

     Town of Hamden, Estados Unidos

     
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 20, Nº. 5, 2014, págs. 1067-1087
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • A two-step decision travel cost model is used to estimate the demand for sportfishing and to measure the effect of fishing tournaments on anglers' willingness-to-pay on the Lower Hudson River. The endogenous opportunity cost of angler travel time is incorporated in the demand function using a latent variable. The latent time value indicator is a count of the unique types of complementary and time-saving goods and services purchased during a fishing trip. Tournament fishing is valued at US$317 per angler per trip, compared to US$73 per angler per trip for other sportfishing.