Showing 1 - 9 of 9
This manuscript presents the results of a random utility model that estimates site choice decisions for urban recreators. The model uses data from residents in five northern New Jersey counties that contain some of the most densely populated areas in the United States. In addition to including...
Persistent link: https://www.econbiz.de/10005368854
Deciding how to allocate forage among animals is a fundamentally important process in range management. The wisdom of these decisions can be enhanced by estimating the marginal value of forage needed by competing species. We present a method for ...
Persistent link: https://www.econbiz.de/10008504771
Independent applications of open-ended and dichotomous-choice formats are compared using tests of means, estimating joint likelihood functions and nonparametric tests of distributions. The null hypothesis of no difference in the open-ended and dichotomous-choice estimates of central tendency...
Persistent link: https://www.econbiz.de/10008537460
Measuring how fish consumption advisories affect angler’s utility has proven difficult. Relying on stated preference (SP) data is problematic because of hypothetical bias. Revealed preference (RP) data benefits from using actual behavior; however, co-linearity often makes it difficult to model...
Persistent link: https://www.econbiz.de/10005748284
Persistent link: https://www.econbiz.de/10008619472
We estimate random-parameter logit models of anglers' choices of fishing sites. The models generalize logit by allowing coefficients to vary randomly over anglers rather than being fixed. The models do not exhibit the restrictive "independence from irrelevant alternatives property" of logit and...
Persistent link: https://www.econbiz.de/10008537338
This paper extends variation function theory by examining the effects of changes in prices, quality, and income on willingness to pay for quality change. Comparative static effects are found for both on-site users and nonusers of the resource. These results are used to interpret contingent...
Persistent link: https://www.econbiz.de/10008537442
We develop a temporal reliability test of the contingent valuation method. Separate random samples were administered the same telephone survey five years apart. In the retest, respondents have less favorable attitudes toward the environment. Given this result, a temporally reliable contingent...
Persistent link: https://www.econbiz.de/10008546249
We test for incentive incompatibility and starting-point bias to describe the effects of iterative valuation questions on willingness to pay. We compare double-, triple-, and multiplebounded models with data from two surveys with similar designs of the valuation questions. We find that incentive...
Persistent link: https://www.econbiz.de/10005038508