Regulating congestion with prices and non-prices measures: an application of a repeated random utility model to outdoor recreation
Résumé
In France, open access is the rule for recreational areas. This generally leads to suboptimal equilibrium of visitation due to congestion externality. Furthermore, congestion is a result of a Nash equilibrium. This assumption needs to be taken into account in econometric estimations and in welfare calculations. In this paper, we aim to control the endogeneity problem of congestion in a repeated random utility model estimated at the congestion equilibrium. Then, we explore some pricing and non-pricing measures to regulate congestion. Repeated random utility models is estimated on data about the visitation of 43 coastal sites from west France.