About: TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS

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Attributes	Values
rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
rdfs:seeAlso	http://msed.vse.cz/files/2011/Melichar.pdf
Description	In this paper, we investigate and compare several truncated count data models of travel cost recreation demand. Using on-site data from Jizerske hory Landscape Protection Area in the Czech Republic, we derive the single site recreation demand model with a Poisson and a Negative Binominal specification. The models account for the truncated and overdispersed nature of the data, we also treat the problem of endogenous stratification due to the oversampling of more frequent recreation users. We also use the more flexible approach that allows the overdispersion parameter to vary according to the characteristics of the visitors and we compare it with the more restrictive approach. The results show that the negative binomial model that accounts for truncation and endogenous stratification provides the better goodness-of-fit. If don't correct overdispersion by relying on Poisson estimates, the consumer surplus will be underestimated. If we account for endogenous stratification, the consumer surplus will be adjusted appropriately upwards. In this paper, we investigate and compare several truncated count data models of travel cost recreation demand. Using on-site data from Jizerske hory Landscape Protection Area in the Czech Republic, we derive the single site recreation demand model with a Poisson and a Negative Binominal specification. The models account for the truncated and overdispersed nature of the data, we also treat the problem of endogenous stratification due to the oversampling of more frequent recreation users. We also use the more flexible approach that allows the overdispersion parameter to vary according to the characteristics of the visitors and we compare it with the more restrictive approach. The results show that the negative binomial model that accounts for truncation and endogenous stratification provides the better goodness-of-fit. If don't correct overdispersion by relying on Poisson estimates, the consumer surplus will be underestimated. If we account for endogenous stratification, the consumer surplus will be adjusted appropriately upwards. (en)
Title	TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS (en)
skos:prefLabel	TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS (en)
skos:notation	RIV/00216208:11690/11:10133464!RIV13-MZE-11690___
http://linked.open...avai/predkladatel	Centrum pro otázky životního prostředí
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(1R56014)
http://linked.open...vai/riv/dodaniDat	2013
http://linked.open...aciTvurceVysledku	Melichar, Jan
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Univerzita Karlova v Praze / Centrum pro otázky životního prostředí
http://linked.open...dnocenehoVysledku	236138
http://linked.open...ai/riv/idVysledku	RIV/00216208:11690/11:10133464
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	overdispersion; negative binomial; Poisson; on-site sampling; travel cost model (en)
http://linked.open.../riv/klicoveSlovo	Poisson negative binomial on-site sampling overdispersion travel cost model
http://linked.open...ontrolniKodProRIV	[CFC5B8D54376]
http://linked.open...v/mistoKonaniAkce	Praha
http://linked.open...i/riv/mistoVydani	Praha
http://linked.open...i/riv/nazevZdroje	International Days of Statistics and Economics.Conference Proceedings
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...vavai/riv/projekt	Monetary valuation of recreational and aesthetical functions of forest in the Czech Republic
http://linked.open...UplatneniVysledku	2011
http://linked.open...iv/tvurceVysledku	Melichar, Jan
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open...ain/vavai/riv/wos	000313565200039
http://linked.open.../riv/zahajeniAkce	2011-09-22 (xsd:date)
number of pages	13 (xsd:int)
http://purl.org/ne...btex#hasPublisher	University of Economics
https://schema.org/isbn	978-80-86175-77-5
http://localhost/t...ganizacniJednotka	11690
is http://linked.open...avai/riv/vysledek of	TRUNCATION, OVERDISPERSION AND ENDOGENOUS STRATIFICATION IN THE RECREATION DEMAND MODELS

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