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Environmental and Resource Economics

, Volume 34, Issue 1, pp 117–124 | Cite as

A Discussion of “Using Angler Characteristics and Attitudinal Data to Identify Environmental Preference Classes: A Latent-Class Model”

  • Bill ProvencherEmail author
  • Rebecca Moore
Article

Abstract

In the current issue of Environmental and Resource Economics, Morey et al. (2006) discuss a new approach to using attitudinal data in latent class modeling. We compare this approach with the one taken in Boxall and Adamowicz (2002), in the context of a discrete choice, random utility framework with heterogeneous preferences. We derive the respective likelihood functions of the two approaches to show that they are structurally similar, and discuss their implications for the use of attitudinal data. We conclude with a discussion comparing the relative merits of latent class and random parameters (mixed logit) modeling, offering the view that as a practical matter, choosing between them depends on the analyst’s judgment about the correlation of preference parameters.

Keywords

attitudinal data heterogeneous preferences latent class mixed logit random parameters random utility model 

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References

  1. Morey, E., Thacher, J., Breffle, W. 2006‘‘Using Angler Characteristic and Attitudinal Data to Identify Environmental Preference Classes: A Latent-Class Model’’Environment and Resource Economics3491115CrossRefGoogle Scholar
  2. Boxall, P., Adamowicz, W. 2002‘Understanding Heterogeneous Preferences in Random Utility Models: A Latent Class Approach’Environmental and Resource Economics23421446CrossRefGoogle Scholar
  3. Provencher, B., Bishop, R. C. 2004‘Does Accounting for Preference Heterogeneity Improve the Forecasting of a Random Utility Model? A Case Study’Journal of Environmental Economics and Management48793810CrossRefGoogle Scholar
  4. Provencher, B., Baerenklau, K., Bishop, R. C. 2002‘A Finite-Mixture Logit Model of Salmon Angling with Serially-Correlated Random Utility’American Journal of Agricultural Economics8410661075(November)CrossRefGoogle Scholar
  5. Train, K. E. 1998‘Recreation Demand Models with Taste Differences Over People’Land Economics74230239CrossRefGoogle Scholar

Copyright information

© Springer 2006

Authors and Affiliations

  1. 1.Department of Ag. & Applied EconomicsUniversity of WisconsinMadisonUSA

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