The general term 'type I extreme value distribution' underlying the logit model is not fully precise. Through a case study, this study compares two models based on the distribution - one with the smallest specification and one with the largest. Results show these two models are different.

This study focuses on the management of a desert area. It utilizes survey data to assess visitors' preferences and values for several management strategies designed to alleviate conflicts in this region. The implications may help to understand management issues in other similar environments. The...

It is a common practice to rescale data to assist model estimation. Rescaling in general does not affect the model fit or the statistical inference from the estimation results. This article however, describes two cases where care is called upon when interpreting the t-ratio associated with the...