메뉴 건너뛰기




Volumn 1, Issue 1, 2012, Pages 32-47

Site choices in recreational demand: a matter of utility maximization or regret minimization?

Author keywords

random regret minimization; random utility maximization; recreational demand; site choice probabilities

Indexed keywords


EID: 84873702279     PISSN: 21606544     EISSN: 21606552     Source Type: Journal    
DOI: 10.1080/21606544.2011.640844     Document Type: Article
Times cited : (25)

References (59)
  • 1
    • 34247401780 scopus 로고    scopus 로고
    • Parametric action trees: incorporating continuous attribute variables into rule-based models of discrete choice
    • Arentze, T.A., and Timmermans, H.J.P., 2007. Parametric action trees: incorporating continuous attribute variables into rule-based models of discrete choice. Transportation Research Part B, 41 (7): 772–783.
    • (2007) Transportation Research Part B , vol.41 , Issue.7 , pp. 772-783
    • Arentze, T.A.1    Timmermans, H.J.P.2
  • 2
    • 0020183162 scopus 로고
    • Regret in decision making under uncertainty
    • Bell, D.E., 1982. Regret in decision making under uncertainty. Operations Research, 30 (5): 961–981.
    • (1982) Operations Research , vol.30 , Issue.5 , pp. 961-981
    • Bell, D.E.1
  • 4
    • 0022721843 scopus 로고
    • The Akaike likelihood ratio index
    • Ben-Akiva, M., and Swait, J., 1986. The Akaike likelihood ratio index. Transportation Science, 20 (2): 133–136.
    • (1986) Transportation Science , vol.20 , Issue.2 , pp. 133-136
    • Ben-Akiva, M.1    Swait, J.2
  • 8
    • 0023523326 scopus 로고
    • Estimating the value of water quality improvements in a recreational demand framework
    • Bockstael, N., Hanemann, W.M., and Kling, C., 1987. Estimating the value of water quality improvements in a recreational demand framework. Water Resources Research, 23 (5): 951–960.
    • (1987) Water Resources Research , vol.23 , Issue.5 , pp. 951-960
    • Bockstael, N.1    Hanemann, W.M.2    Kling, C.3
  • 9
    • 0009562341 scopus 로고
    • Estimation of net social benefits from outdoor recreation
    • Burt, O., and Brewer, D., 1971. Estimation of net social benefits from outdoor recreation. Econometrica, 39 (5): 813–827.
    • (1971) Econometrica , vol.39 , Issue.5 , pp. 813-827
    • Burt, O.1    Brewer, D.2
  • 10
    • 0032321556 scopus 로고    scopus 로고
    • Preference and benefit estimation in multinomial probit models
    • Chen, H., and Cosslett, S., 1998. Preference and benefit estimation in multinomial probit models. American Journal of Agricultural Economics, 80 (3): 512–520.
    • (1998) American Journal of Agricultural Economics , vol.80 , Issue.3 , pp. 512-520
    • Chen, H.1    Cosslett, S.2
  • 13
    • 84857963084 scopus 로고    scopus 로고
    • Random Regret Minimization: an overview of model properties and empirical evidence
    • Chorus, C.G., 2012. Random Regret Minimization: an overview of model properties and empirical evidence. Transport Reviews, 32 (1): 75–92.
    • (2012) Transport Reviews , vol.32 , Issue.1 , pp. 75-92
    • Chorus, C.G.1
  • 14
    • 85111574894 scopus 로고    scopus 로고
    • 2011. Logsums for utility-maximizers and regret-minimizers, and their relation with desirability and satisfaction
    • Chorus, C.G., 2011. Logsums for utility-maximizers and regret-minimizers, and their relation with desirability and satisfaction. Working Paper.
    • Working Paper
    • Chorus, C.G.1
  • 15
    • 80051822250 scopus 로고    scopus 로고
    • Modelling politicians’ preferences for road pricing policies: a regret-based and utilitarian perspective
    • Chorus, C.G., Annema, J., Mouter, N., and van Wee, G.P. 2011. Modelling politicians’ preferences for road pricing policies: a regret-based and utilitarian perspective. Transport Policy, 18 (6): 856–861.
    • (2011) Transport Policy , vol.18 , Issue.6 , pp. 856-861
    • Chorus, C.G.1    Annema, J.2    Mouter, N.3    van Wee, G.P.4
  • 18
    • 79959662822 scopus 로고    scopus 로고
    • Modelling experienced accessibility for utility maximizers and regret-minimizers
    • Chorus, C.G., and de Jong, G.C., 2011. Modelling experienced accessibility for utility maximizers and regret-minimizers. Journal of Transport Geography, 19: 1155–1162.
    • (2011) Journal of Transport Geography , vol.19 , pp. 1155-1162
    • Chorus, C.G.1    de Jong, G.C.2
  • 19
    • 33748466494 scopus 로고    scopus 로고
    • Responses to transit information among car-drivers: regret-based models and simulations
    • Chorus, C.G., 2006. Responses to transit information among car-drivers: regret-based models and simulations. Transportation Planning and Technology, 29 (4): 249–271.
    • (2006) Transportation Planning and Technology , vol.29 , Issue.4 , pp. 249-271
    • Chorus, C.G.1
  • 22
    • 23244435888 scopus 로고    scopus 로고
    • Regret in cancer-related decisions
    • Connolly, T., and Reb, J., 2005. Regret in cancer-related decisions. Health Psychology, 24 (4): 29–34.
    • (2005) Health Psychology , vol.24 , Issue.4 , pp. 29-34
    • Connolly, T.1    Reb, J.2
  • 23
    • 27744438716 scopus 로고    scopus 로고
    • Regret and its avoidance: a neuroimaging study of choice behaviour
    • Coricelli, G., 2005. Regret and its avoidance: a neuroimaging study of choice behaviour. Nature Neuroscience, 8 (9): 1255–1262.
    • (2005) Nature Neuroscience , vol.8 , Issue.9 , pp. 1255-1262
    • Coricelli, G.1
  • 24
  • 25
    • 33744791105 scopus 로고
    • Process tracing methods: problems and neglected research questions
    • Ford, J., 1989. Process tracing methods: problems and neglected research questions. Organizational Behaviour and Human Decision Processes, 43: 75–117.
    • (1989) Organizational Behaviour and Human Decision Processes , vol.43 , pp. 75-117
    • Ford, J.1
  • 29
    • 0035117757 scopus 로고    scopus 로고
    • Go climb a mountain: an application of recreation demand modelling to rock climbing in Scotland
    • Hanley, N., 2001. Go climb a mountain: an application of recreation demand modelling to rock climbing in Scotland. Journal of Agricultural Economics, 52: 36–52.
    • (2001) Journal of Agricultural Economics , vol.52 , pp. 36-52
    • Hanley, N.1
  • 30
    • 85111601767 scopus 로고    scopus 로고
    • Random Regret Minimization or Random Utility Maximization: an exploratory analysis in the context of automobile choice
    • Hensher, D.A., Greene, W., and Chorus, C.G., in press. Random Regret Minimization or Random Utility Maximization: an exploratory analysis in the context of automobile choice. Journal of Advanced Transportation.
    • Journal of Advanced Transportation
    • Hensher, D.A.1    Greene, W.2    Chorus, C.G.3
  • 32
    • 0008595014 scopus 로고
    • Letter to the National Park Service. Reprinted in
    • Washington, DC: US Department of the Interior, National Park Service and Recreational Planning Division, 1949,. In
    • Hotelling, H., 1947. “ Letter to the National Park Service. Reprinted in ”. In An economic study of the monetary evaluation of recreation in the national parks, Washington, DC: US Department of the Interior, National Park Service and Recreational Planning Division. 1949
    • (1947) An economic study of the monetary evaluation of recreation in the national parks
    • Hotelling, H.1
  • 33
    • 33847625883 scopus 로고    scopus 로고
    • Up the Proverbial Creek without a paddle: accounting for variable participant skill levels in Recreational Demand Modelling
    • Hynes, S., Hanley, N., and Garvey, E., 2007. Up the Proverbial Creek without a paddle: accounting for variable participant skill levels in Recreational Demand Modelling. Environmental and Natural Resource Economics, 36: 413–426.
    • (2007) Environmental and Natural Resource Economics , vol.36 , pp. 413-426
    • Hynes, S.1    Hanley, N.2    Garvey, E.3
  • 34
    • 51349117883 scopus 로고    scopus 로고
    • Effects on welfare measures of alternative means of accounting for preference heterogeneity in recreational demand models
    • Hynes, S., Hanley, N., and Scarpa, R., 2008. Effects on welfare measures of alternative means of accounting for preference heterogeneity in recreational demand models. American Journal of Agricultural Economics, 90 (4): 1011–1027.
    • (2008) American Journal of Agricultural Economics , vol.90 , Issue.4 , pp. 1011-1027
    • Hynes, S.1    Hanley, N.2    Scarpa, R.3
  • 36
    • 0000923828 scopus 로고
    • Regret-Theory: an alternative theory of rational choice under uncertainty
    • Loomes, G., and Sugden, R., 1982. Regret-Theory: an alternative theory of rational choice under uncertainty. The Economic Journal, 92 (368): 805–824.
    • (1982) The Economic Journal , vol.92 , Issue.368 , pp. 805-824
    • Loomes, G.1    Sugden, R.2
  • 37
    • 0000804832 scopus 로고
    • A rationale for Preference Reversal
    • Loomes, G., and Sugden, R., 1983. A rationale for Preference Reversal. American Economic Review, 73 (3): 428–432.
    • (1983) American Economic Review , vol.73 , Issue.3 , pp. 428-432
    • Loomes, G.1    Sugden, R.2
  • 38
    • 0002974509 scopus 로고
    • The structure of random utility models
    • Manski, C.F., 1977. The structure of random utility models. Theory and Decision, 8: 229–254.
    • (1977) Theory and Decision , vol.8 , pp. 229-254
    • Manski, C.F.1
  • 39
    • 0002297105 scopus 로고
    • Conditional logit analysis of qualitative choice-behaviour
    • P. Z., (ed), New York: Academic Press,. Edited by
    • McFadden, D., 1974. “ Conditional logit analysis of qualitative choice-behaviour ”. In Frontiers in econometrics, Edited by: P., Zarembka. New York: Academic Press.
    • (1974) Frontiers in econometrics
    • McFadden, D.1
  • 41
    • 29144436115 scopus 로고    scopus 로고
    • The travel cost model
    • P.A. C., K.J. B., C.T. B., (eds), Dordrecht: Kluwer Academic,. Edited by
    • Parsons, G.R., 2003. “ The travel cost model ”. In A primer on nonmarket valuation, Edited by: P.A., Champ, K.J., Boyle, and C.T., Brwon. 269–329. Dordrecht: Kluwer Academic.
    • (2003) A primer on nonmarket valuation , pp. 269-329
    • Parsons, G.R.1
  • 42
    • 0000943080 scopus 로고
    • A demand theory for number of trips in a random utility model of recreation
    • Parsons, G.R., and Kealy, M.J., 1995. A demand theory for number of trips in a random utility model of recreation. Journal of Environmental Economics and Management, 29 (3): 357–367.
    • (1995) Journal of Environmental Economics and Management , vol.29 , Issue.3 , pp. 357-367
    • Parsons, G.R.1    Kealy, M.J.2
  • 44
    • 0034386943 scopus 로고    scopus 로고
    • Estimation and welfare calculations in a generalized corner solution model with an application to recreation demand
    • Phaneuf, D., Kling, C., and Herriges, J., 2000. Estimation and welfare calculations in a generalized corner solution model with an application to recreation demand. Review of Economics and Statistics, 82 (2): 83–92.
    • (2000) Review of Economics and Statistics , vol.82 , Issue.2 , pp. 83-92
    • Phaneuf, D.1    Kling, C.2    Herriges, J.3
  • 46
    • 21344491427 scopus 로고
    • Regret theory with general choice sets
    • Quiggin, J., 1994. Regret theory with general choice sets. Journal of Risk and Uncertainty, 8 (2): 153–165.
    • (1994) Journal of Risk and Uncertainty , vol.8 , Issue.2 , pp. 153-165
    • Quiggin, J.1
  • 47
    • 0034118458 scopus 로고    scopus 로고
    • Modeling determinants of participation, number of trips and site choice for outdoor recreation in protected areas
    • Romano, D., 2000. Modeling determinants of participation, number of trips and site choice for outdoor recreation in protected areas. Journal of Agricultural Economics, 51 (2): 224–238.
    • (2000) Journal of Agricultural Economics , vol.51 , Issue.2 , pp. 224-238
    • Romano, D.1
  • 48
    • 39149114715 scopus 로고    scopus 로고
    • Anticipating regret: why fewer options may be better
    • Sarver, T., 2008. Anticipating regret: why fewer options may be better. Econometrica, 76 (2): 263–305.
    • (2008) Econometrica , vol.76 , Issue.2 , pp. 263-305
    • Sarver, T.1
  • 50
    • 0000704093 scopus 로고
    • Choice based on reasons: the case of attraction and compromise effects
    • Simonson, I., 1989. Choice based on reasons: the case of attraction and compromise effects. Journal of Consumer Research, 16: 158–174.
    • (1989) Journal of Consumer Research , vol.16 , pp. 158-174
    • Simonson, I.1
  • 51
    • 0001075781 scopus 로고
    • The influence of anticipating regret and responsibility on purchasing decisions
    • Simonson, I., 1992. The influence of anticipating regret and responsibility on purchasing decisions. Journal of Consumer Research, 19 (1): 105–119.
    • (1992) Journal of Consumer Research , vol.19 , Issue.1 , pp. 105-119
    • Simonson, I.1
  • 52
    • 0000275661 scopus 로고
    • Choice in context: tradeoff contrast and extremeness aversion
    • Simonson, I., and Tversky, A., 1992. Choice in context: tradeoff contrast and extremeness aversion. Journal of Marketing Research, 29 (3): 281–295.
    • (1992) Journal of Marketing Research , vol.29 , Issue.3 , pp. 281-295
    • Simonson, I.1    Tversky, A.2
  • 53
    • 0035546333 scopus 로고    scopus 로고
    • A non-compensatory choice model incorporating attribute cutoffs
    • Swait, J., 2001. A non-compensatory choice model incorporating attribute cutoffs. Transportation Research Part B, 35: 903–928.
    • (2001) Transportation Research Part B , vol.35 , pp. 903-928
    • Swait, J.1
  • 54
    • 84857051981 scopus 로고    scopus 로고
    • Random Regret Minimization: exploration of a new choice model for environmental and resource economics
    • 10.1007/s10640-011-9505-7
    • Thiene, M., Boeri, M., and Chorus, C.G., 2011. Random Regret Minimization: exploration of a new choice model for environmental and resource economics. Online first, Environmental and Resource Economics, DOI: 10.1007/s10640-011-9505-7
    • (2011) Online first, Environmental and Resource Economics
    • Thiene, M.1    Boeri, M.2    Chorus, C.G.3
  • 55
    • 0002361752 scopus 로고
    • Measurement of recreation benefits
    • February), and
    • Trice, A.H., and Wood, S.E., 1958. Measurement of recreation benefits. Land Economics, 34: 195–207. (February)
    • (1958) Land Economics , vol.34 , pp. 195-207
    • Trice, A.H.1    Wood, S.E.2
  • 56
    • 58149426837 scopus 로고
    • A law of comparative judgment
    • Thurstone, L.L., 1927. A law of comparative judgment. Psychological Review, 34: 273–286.
    • (1927) Psychological Review , vol.34 , pp. 273-286
    • Thurstone, L.L.1
  • 57
    • 0033247530 scopus 로고    scopus 로고
    • The use of crying over spilled milk: a note on the rationality and functionality of regret
    • Zeelenberg, M., 1999. The use of crying over spilled milk: a note on the rationality and functionality of regret. Philosophical Psychology, 12 (3): 325–340.
    • (1999) Philosophical Psychology , vol.12 , Issue.3 , pp. 325-340
    • Zeelenberg, M.1
  • 59
    • 0348011415 scopus 로고    scopus 로고
    • Modelling traveller choice behaviour using the concepts of relative utility and relative interest
    • Zhang, J., 2004. Modelling traveller choice behaviour using the concepts of relative utility and relative interest. Transportation Research Part B, 38 (3): 215–234.
    • (2004) Transportation Research Part B , vol.38 , Issue.3 , pp. 215-234
    • Zhang, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.