Fwd: Fwd: SEMINAR: MAF SEMINAR

[Maria Estevanez <mestevanez@rsmas.miami.edu>]

MAF SEMINAR:

Friday, October 22, 2010
10:30 am to 11:30 am
RSMAS Campus S/A Seminar Room

Guest Speaker: Dr Akbar Marvasti
NOAA, National Marine Fisheries Service, Southeast Fisheries Science Center

Title: Estimating Outdoor Recreation Demand With Aggregate Data: A Revealed Preference Approach

 Abstract- An aggregate travel cost model is employed to estimate the parameters of a single site recreation demand model for visiting a beach. Applying zonal data, the impacts of several variables which are likely to influence an individual’s decision to take a trip to the beach are examined. The count nature of the dependent variable, distributional information (overdispersion), and heterogeneity of visitors’ decisions are considered in employing three approaches for estimating the parameters of the demand function. The results suggest that the events, weather condition, and weekend effect are among the most significant factors affecting the demand for the beach.