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Persistent link: https://www.econbiz.de/10010909797
This paper incorporates a rich set of physical water quality attributes, as well as site and household characteristics, into a model of recreational lake usage in Iowa. Our analysis shows individuals are responsive to physical water quality measures and WTP estimates are reported based on...
Persistent link: https://www.econbiz.de/10005338271
Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification and fitting procedures to identify the best set of...
Persistent link: https://www.econbiz.de/10005290987
Persistent link: https://www.econbiz.de/10008373931
This paper examines the potential for combining revealed and stated preference data on Iowa wetland usage, employing a flexible functional form representation of site-specific utility. We examine a variety of hypothesis tests regarding potential sources for inconsistency between stated and...
Persistent link: https://www.econbiz.de/10005494103
In this chapter, we outline the historical development of the theory and empirical implementation of recreation demand models that rely on revealed preference data. Revealed preference data and approaches are those that are based on observed behavior, with surveys typically used to collect...
Persistent link: https://www.econbiz.de/10005437106
This paper examines the status of women in the environmental economics profession in terms of their representation and impact. Three indicators are used to gauge the status of women in the profession. They are the representation of women in academia in the United States and Canada, the...
Persistent link: https://www.econbiz.de/10005437519
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Persistent link: https://www.econbiz.de/10005437626
This paper provides simple necessary conditions for testing the local consistency of nested logit models with stochastic utility maximization. A graphical analysis illustrates the extent to which these conditions extend the range of admissible dissimilarity coefficients beyond the unit interval.
Persistent link: https://www.econbiz.de/10005442065
The US economy was hit hard by a recession during 2008–2009, which is considered the longest and most severe economic crisis since the end of Great Depression. The recession affected individual economic well-being through unemployment, stock market crashes, and falling real estate prices, all...
Persistent link: https://www.econbiz.de/10011070030