The Dichotomous Choice Contingent Valuation Method can be used either in the single or double bound formulation. The former is easier to implement, while the latter is known to be more efficient. We analyse the bias of the ML estimates produced by either model, and the gain in efficiency...

In contingent valuation surveys the category of zero bidders refers to individuals that are not willing to pay anything for the programme under analysis. Specific questions can help to identify true zero values, coming from people that are indifferent to the programme, separately from protest...

The dichotomous choice contingent valuation method can be used either in the single or double bound formulation. The former is easier to implement, while the latter is known to be more efficient. We analyse the bias of the ML estimates produced by either model, and the gain in efficiency...

Most of the literature on the relationship between firm’s participation in international markets and firm heterogeneity focuses on export and foreign direct investment. This paper considers a wider range of forms of internationalisation that firms could combine into different patterns. With...

In this paper, we explore the internationalization pattern of firms and its relationship with the firms’ heterogeneity. Besides the more traditional exports and Foreign Direct Investments (FDI), we consider various forms of non-equity internationalization. The use of a Multivariate Probit...

The limited availability of tractable multivariate distributions undermines the validity of the standard parametric approach to sample selection modelling. Copula distributions can be very useful in situations where the applied researcher has a prior on the distributional form of the margins,...

The sample selection model is based upon a bivariate or a multivariate structure, and distributional assumptions are in this context more severe than in univariate settings, due to the limited availability of tractable multivariate distributions. While the standard FIML estimation of the...

<i> La valorizzazione dei beni di archeologia industriale: il caso del sito di Porto Flavia in Sardegna </i> (di Silvia Balia, Rinaldo Brau, Elisabetta Strazzera) - ABSTRACT: This paper presents a contingent valuation study set up to estimate the recreational value of an old mine, Porto Flavia, a site...