Table 2 Repeated Random Utility Model Beach Demand Model Estimation Results

Nesting Level	Variable	Estimates	Bootstrapped Standard Errors	t-statistic
Beach level	Travel cost	−0.017^***	0.002	−10.24
	Log(length)	0.093^***	0.014	6.79
	Temperature	0.033^***	0.004	8.07
	Closure days of 2010	−0.013^***	0.003	−3.73
	LP northeast	0.040	0.143	0.28
	LP mid-east	−0.588^***	0.131	−4.48
	LP southeast	−0.594^***	0.158	−3.75
	LP northwest	0.583^***	0.109	5.36
	LP mid-west	0.499^***	0.124	4.04
	LP southwest	0.120	0.111	1.08
Lake level	Nesting parameter	0.443^***	0.041	10.78
Trip level	Nesting parameter	0.691^***	0.076	9.06
No trip option	Male	−0.165^*	0.089	−1.85
	Age	−0.002	0.003	−0.74
	White	0.196	0.194	1.01
	Education years	−0.004	0.019	−0.21
	Fulltime employed	0.174^*	0.094	1.85
	Retired	0.108	0.146	0.74
	Children ≤17 years	0.178^**	0.080	2.23
	Income	−0.0065^***	0.001	−7.60
	Constant	6.337^***	0.392	16.146

Note: Standard errors are estimated via bootstrapping using 120 draws, with all estimation and bootstrapping via MATLAB using MSU’s HPCC Cluster.
↵*, **, *** Significance at the 10%, 5%, and 1% levels, respectively.