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applying panel data, a new and more accurate fatality risk measure, and systematic selection of panel estimator in our research … level and narrow range for the estimated value of a statistical life of about $5.5$7.5 million. -- VSL ; panel data ; fixed …
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This innovative book presents a series of up-to-date analyses of the economics of outdoor recreation. The distinguished group of authors covers real-world recreation management issues and applies economic understanding to these problems. An extensive introduction by the editors details the...
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The economics of outdoor recreation deals with the supply of and demand for natural resources for recreational purposes. This chapter discusses the conceptual and empirical approaches, problems, and solutions encountered in applying economics to the provision of natural resources and explains...
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Médoc , Graves and St Emilion as well as the most renowned wines of Pomerol in a panel data setting. The application of a …
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of factor jumps. Such jump dependence is implied by standard linear factor models. Our inference is based on a panel of … restriction on the relative magnitude of these two dimensions of the panel. The test is formed from the high‐frequency returns at …
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