This study extends the joint estimation of revealed and stated preference data literature by accounting for truncation in the revealed preference data. The analytical model and estimation procedure are used to estimate the value of recreational red snapper fishing in the Gulf of Mexico. This...

Travel cost models are routinely used to assess the impact of policy changes on consumer’ s surplus. In this paper we show that when the policy change leads to a partial closure of the resource, then the standard use of consumer’ s surplus per trip can be inappropriate depending upon the...

"Society is increasingly turning attention toward greenhouse gas emission control with for example the Kyoto Protocol has entered into force. Since many of the emissions come from energy use, high cost strategies might be required until new technological developments reduce fossil fuel...

Regional water scarcity has motivated the South Central Texas Regional Water Planning Group to actively develop water management plans to address long-/short-term regional water needs. This study, therefore, develops an integrated Edwards Aquifer groundwater and river system simulation model to...