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This research seeks to produce more robust, less biased estimates from the two-constraint recreation demand model by applying globally flexible estimation techniques to travel cost data for California whale watching trips. While locally flexible functional forms do improve upon previously used...
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Using a survey of Chicago beachgoers, this research examines the effect of uncertain response options on the willingness to pay to reduce swimming bans. Various recoding options are tested and implemented, as well as multinomial model for choice. Estimates are compared to those from a dataset...
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Multiproduct, multispecies revenue functions are estimated for the midwater and bottom-trawl pollock fisheries off Alaska. There are strong year and seasonal effects on coefficient estimates, and the technology is joint in outputs for each major operation type. The model is a step toward...
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When consumer choice is constrained by time as well as money, willingness to pay can be defined with respect to either numeraire. The two measures can be related formally within a utility-consistent model of choice subject to two constraints. Furthermore, when information is collected on both,...
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