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  • Generalisiertes lineares Modell  (1)
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    Zurich: ETH Zurich, CER-ETH - Center of Economic Research
    Publication Date: 2017-11-29
    Description: Hurdle and zero-in ated models are the two foremost methods used to deal with excess zeros. However, their reliance on the nonparticipation assumption is a drawback when applied to recreation demand analysis because there is not a theoretical framework convincingly explaining presence of non-participants. This paper dis- cusses how latent class count models represent a theoretically consistent alternative to handle excess zeros. The theoretical model behind a latent class model does not require the non-participation assumption. Instead, excess zeros is explained as the accumulation of corner solutions from individuals belonging to different classes.
    Keywords: C29 ; Q26 ; Q51 ; ddc:330 ; Excess zeros ; Latent class count models ; Travel Cost Method ; Nachfrage ; Messung ; Item-Response-Theorie ; Generalisiertes lineares Modell ; Theorie
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
    Type: doc-type:workingPaper
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