APA
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Morey, E., Rowe, R., & Watson, M. (1993). A Repeated Nested-Logit Model of Atlantic Salmon Fishing. American Journal of Agricultural Economics, 75(3), 578–592. https://doi.org/https://onlinelibrary.wiley.com/doi/10.2307/1243565
Chicago/Turabian
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Morey, Edward, Robert Rowe, and Michael Watson. “A Repeated Nested-Logit Model of Atlantic Salmon Fishing.” American Journal of Agricultural Economics 75, no. 3 (1993): 578–592.
MLA
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Morey, Edward, et al. “A Repeated Nested-Logit Model of Atlantic Salmon Fishing.” American Journal of Agricultural Economics, vol. 75, no. 3, 1993, pp. 578–92, doi:https://onlinelibrary.wiley.com/doi/10.2307/1243565.
BibTeX Click to copy
@article{edward1993a,
title = {A Repeated Nested-Logit Model of Atlantic Salmon Fishing},
year = {1993},
issue = {3},
journal = {American Journal of Agricultural Economics},
pages = {578-592},
volume = {75},
doi = {https://onlinelibrary.wiley.com/doi/10.2307/1243565},
author = {Morey, Edward and Rowe, Robert and Watson, Michael}
}
Participation and site choice for Atlantic salmon fishing are modeled in the context of a repeated three-level nested-logit model. Consumer's surplus measures are derived for different levels of species availability in the Penobscot River, the most important salmon river in New England. For comparison, six other travel-cost models are estimated. These include restrictive cases of the nested-logit model, a partial demand model, and two single-site demand models. Comparisons across these models indicate the importance of modeling the participation decision, including income effects, and of adopting a nested-logit structure rather than a single-level logit structure.
