A Semiparametric Smooth Coefficient Estimator for Recreation Demand

We introduce a semiparametric smooth coefficient estimator for recreation demand data that allows more flexible modeling of preference heterogeneity. We show that our sample of visitors each has an individual statistically significant price coefficient estimate leading to clearly nonparametric consu...

Full description

Bibliographic Details
Main Authors: Egan, K.J (Author), Liu, W. (Author)
Format: Article
Language:English
Published: Springer Netherlands 2019
Subjects:
Online Access:View Fulltext in Publisher