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Hypothetical bias arises when values which people say they place on a good or service differ systematicallyfrom the values people reveal for the same good or service through actual, binding economictransactions. Studies of hypothetical bias with respect to public goods often use charitable...
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over a defined time period. Optimal forest management decisions are examined by implementing an optimization model for a … stock changes. Using the Carbon Budget Model of the Canadian Forest Sector (CBM-CFS3), carbon yield curves are developed … which are integrated directly into the Woodstock forest management ii model. These carbon yields capture dynamics specific …
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The travel cost model is the standard model used in the recreation demand literature. This model assumes that the … decision is dependent on the realization of random variables on previous trips as well as travel costs. A model is developed in …-specific variables and variables realized on previous trips. This models advantage over the traditional travel cost model is that it …
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statistical comparisons, the site-specific RP model provided the most accurate predictions of individual choices. However, the … transferred SP model, applied directly or estimated jointly with the RP data, performed best in three aggregate and one individual …
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Current non-market valuation techniques have been developed based on assumptions about values held within the Eurocentred culture. Contentions between cultures over natural resources are hypothesized to occur because of differences in held values resulting in different values being assigned to...
Persistent link: https://www.econbiz.de/10005469355