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The psychology, the marketing consumer behavior and, to a much smaller extent, the economics literature have long reported evidence that decision makers utilize different decision strategies depending upon many factors (person-specific, task-specific, etc.). Such observations have generally...
Persistent link: https://www.econbiz.de/10005802799
Given the large number of choices that consumers make each day it seems likely that they will generally adopt decision strategies that minimize cognitive effort, particularly with low price products such as most items found in a supermarket. One such strategy may be to simply choose what has...
Persistent link: https://www.econbiz.de/10008800977
Welfare economics is often employed to measure the impact of economic policies or externalities. When demand is characterized by discrete choices, static models of consumer demand are employed for this type of analysis because of the difficulty in estimating dynamic discrete choice models. In...
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This paper develops a theory of interdependent utility functions in examining congestion in recreation demand equilibria. The notion is examined empirically through the development of congestion forecasting functions which individuals use to sort themselves among a set of recreation sites. These...
Persistent link: https://www.econbiz.de/10005320939
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The purpose of this study was to identify the values Saskatchewan residents place on their Woodland Caribou conservation programs. Using contingent valuation methods, individual values for maintaining caribou numbers within Millar Western-NorSask Forest Management Licence agreement area were...
Persistent link: https://www.econbiz.de/10005327156
Human values arising from forests include market and non-market values. Timber values and values of non-timber forest products traded in markets (berries, wild rice, etc.) are considered market values. Among non-market values are recreation values and values associated with wildlife harvesting...
Persistent link: https://www.econbiz.de/10005327157
The report describes the research design, data collection and preliminary analysis of an economic assessment of non-timber resource use by Aboriginal People in Northwest Saskatchewan. The project is designed to develop methods of valuing resource use by Aboriginal People so that these values can...
Persistent link: https://www.econbiz.de/10005327158