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taste heterogeneity is present among bathers, i.e. not all bathers would benefit equally from improving bathing sites. A …
Persistent link: https://www.econbiz.de/10008603393
of fishing sites. The models reveal significant preference heterogeneity between anglers for particular fishing site …
Persistent link: https://www.econbiz.de/10008802971
In recent decades agri-environment schemes (AES) have become an increasingly important tool for policy makers aiming to reverse the post-war decline in environmental quality on agricultural land. The voluntary nature of such schemes means that the decision of farmers to participate is central to...
Persistent link: https://www.econbiz.de/10004966663
panel data from twelve European countries. Introducing both intercept and slope heterogeneity into this relationship, we …
Persistent link: https://www.econbiz.de/10010276946
Heterogeneity in measurement model parameters across known groups can be modeled and tested using multigroup … characteristics to capture heterogeneity and have the potential to be used to test measurement invariance. The current study … sample sizes, more noninvariant factor loadings, and larger amounts of heterogeneity are needed to distinguish different …
Persistent link: https://www.econbiz.de/10009450755
Persistent link: https://www.econbiz.de/10011658555
In this paper, we examine heterogeneity in the trip preferences of recreationists by applying a random parameters … coast of Ireland. This is the first such attempt in the literature to account for heterogeneity with respect to the impact …. There is also evidence that accounting for individual heterogeneity improves the statistical fit of the models and provides …
Persistent link: https://www.econbiz.de/10010879097
We employ a semi-parametric estimation approach to analyse observed and unobserved heterogeneity in the value of … heterogeneity in preferences in a flexible way, meaning that we do not put any structure on how individual characteristics (such as …, we illustrate the estimation approach and find that there is substantial heterogeneity in the value of savings in travel …
Persistent link: https://www.econbiz.de/10011271951
In actuarial practice, the modeling of total losses tied to a certain policy is a nontrivial task due to complex distributional features. In the recent literature, the application of the Dirichlet process mixture for insurance loss has been proposed to eliminate the risk of model...
Persistent link: https://www.econbiz.de/10014507911
Persistent link: https://www.econbiz.de/10009327735