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In this paper we consider the theoretical and empirical ramifications of welfare measurement in revealed preference models when weak complementarity does not hold. In the context of a Kuhn-Tucker model of recreation demand we show that, while it is possible to estimate preferences that do not...
Persistent link: https://www.econbiz.de/10005437064
In this chapter, we outline the historical development of the theory and empirical implementation of recreation demand models that rely on revealed preference data. Revealed preference data and approaches are those that are based on observed behavior, with surveys typically used to collect...
Persistent link: https://www.econbiz.de/10005437106
This paper examines the status of women in the environmental economics profession in terms of their representation and impact. Three indicators are used to gauge the status of women in the profession. They are the representation of women in academia in the United States and Canada, the...
Persistent link: https://www.econbiz.de/10005437519
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Persistent link: https://www.econbiz.de/10005437626
This article examines the status of women in the environmental economics profession in terms of their representation and impact. Three indicators are used to gauge the status of women in the profession. They are the representation of women in academia in the United States and Canada, the...
Persistent link: https://www.econbiz.de/10005564297
Random utility models (RUMs) are used in the literature to model consumer choices from among a discrete set of alternatives, and they typically impose a constant marginal utility of income on individual preferences. This assumption is driven partially by the difficulty of constructing welfare...
Persistent link: https://www.econbiz.de/10010559922
Persistent link: https://www.econbiz.de/10010881117
Persistent link: https://www.econbiz.de/10010916412
The study proposes a methodology for developing a carbon sequestration baseline attributable to the current use of conservation tillage. An integral component of the methodology is the explicit acknowledgment that there is an uncertainty in the baseline because of the uncertainty associated with...
Persistent link: https://www.econbiz.de/10005330129
The study evaluates the gains of avoiding data-dependent specification search on an estimation sample in an application to discrete choice models. We incorporate data splitting, the process by which the total available sample is randomly split in two or more sub-samples with the first...
Persistent link: https://www.econbiz.de/10005804892