Nested logit has become common in estimating random utility models of recreation demand. Because welfare analysis is often the objective of estimating these models, it seems natural to ask, what effect does the choice of nesting structure have on the welfare estimates generated by these models?...

In this article we estimate the recreational use value of household trips to view shorebirds during the annual horseshoe crab/shorebird migration on the Delaware Bay. We use contingent valuation to estimate the value of day and overnight trips separately and use a discrete choice question...

We estimated a count data model of recreation demand using data from an on-site survey of recreational birders who had visited southern Delaware during the month–long annual horseshoe crab/shorebird spring migration in 2008. We analyzed daytrips only. Our estimates from the models ranged from...

The Environmental Protection Agency has used existing studies to estimate the benefits of environmental improvements associated with several regulatory proposals The problems encountered in using existing studies to measure the benefits of water quality improvements are investigated in this...

Vehicle-to-grid (V2G) electric vehicles can return power stored in their batteries back to the power grid and be programmed to do so at times when power prices are high. Since providing this service can lead to payments to owners of vehicles, it effectively reduces the cost of electric vehicles....

Esta presentación fue comisionada por la Red de Medio Ambiente del Diálogo Regional de Política para la III Reunión Hemisférica celebrada los días 9 y 10 de marzo de 2004. Introducción: ¿Por qué hacerlos? Principios Económicos Básicos. Descripción de Técnicas de Valuación. Casos de...