The Effect of Nesting Structure Specification on Welfare Estimation in a Random Utility Model of Recreation Demand: An Application to the Demand for Recreational Fishing
比较了九种嵌套结构对休闲垂钓需求模型福利估计的影响，发现不同结构下的福利估计差异不大，与先前研究结论相反。
Abstract Nested logit has become common in estimating random utility models of recreation demand. Because welfare analysis is often the objective of estimating these models, it seems natural to ask, what effect does the choice of nesting structure have on the welfare estimates generated by these models? Therefore, we compare the results of nine nesting structures andfindthat the variation in welfare estimates across the models is not large. Our results are contrary to those of Kling and Thomson and Shaw and Ozog. The difference appears to originate with differences in the estimated dissimilarity coefficients in the nested models.