𝔖 Bobbio Scriptorium
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Spatial random utility model with an application to recreation demand

✍ Scribed by Oleg A. Smirnov; Kevin J. Egan

Book ID
116424156
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
221 KB
Volume
29
Category
Article
ISSN
0264-9993

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## Abstract I have developed a random effects probit model in which the distribution of the random intercept is approximated by a discrete density. Monte Carlo results show that only three to four points of support are required for the discrete density to closely mimic normal and chi‐squared densit