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This paper explores Heiner's hypothesis concerning a gap between the cognitive ability of decision makers and the difficulty of decisions (the C-D gap). We discuss the implications of decision heuristics for coefficient estimates when uncertainty is faced by decision makers, where the level of...
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This study reports on a survey assessment of the public preferences for the Rhode Island Agricultural Experiment Station's research program. The study summarizes preferences to allocate effort to alternative research projects and estimates the public's willingness to pay to maintain or increase...
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This paper assesses the potential for function based benefit transfer to inform farmland preservation policy, with emphasis on distinctions between welfare estimation and policy prioritization. Data are drawn from a parallel choice experiments implemented in six communities and statewide in...
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Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...
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