Showing 1 - 7 of 7
Observed choices in Social Dilemma Games usually take the form of bounded integers. We propose a doubly-truncated count data framework to process such data. We compare this framework to past approaches based on ordered outcomes and truncated continuous densities using Bayesian estimation and...
Persistent link: https://www.econbiz.de/10005426912
In many stated preference settings stakeholders will be uncertain as to their exact willingness-to-pay for a proposed environmental amenity. To accommodate this possibility analysts have designed elicitation formats with multiple bids and response options that allow for the expression of...
Persistent link: https://www.econbiz.de/10008516758
This study examines the proper estimation of trip demand and economic benefits for visitors to recreation sites when past-season trip information is elicited from travelers intercepted on-site. We show that the proper weighting of past season counts is different from the standard on-site...
Persistent link: https://www.econbiz.de/10005125161
Meta-functional Benefit Transfer, while conceptually attractive, is often plagued by the paucity of available source studies and related small sample problems. A broadening of scope of the Meta-Regression Model by adding data from “related, yet different” contexts or activities may...
Persistent link: https://www.econbiz.de/10005135352
The Truckee / Carson / Walker River Watershed in Northern Nevada is under an imminent threat of infestation by the New Zealand Mud Snail, an aquatic nuisance species with the potential to harm recreational fisheries. We combine a utility-theoretic system-demand model of recreational angling with...
Persistent link: https://www.econbiz.de/10004994567
This study proposes a new approach to utilize information from existing choice experiments to predict policy outcomes for a transfer setting. Recognizing the difficulties from pooling raw data from experiments with different designs and sub-populations we first re-estimate all underlying Random...
Persistent link: https://www.econbiz.de/10004994568
This study applies functional Benefit Transfer via Meta-Regression Modeling to derive valuation estimates for wetlands in an actual policy setting of proposed groundwater transfers in Eastern Nevada. We illustrate how Bayesian estimation techniques can be used to overcome small sample problems...
Persistent link: https://www.econbiz.de/10005077176