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The problem of endogenous stratification associated with on-site sampling has been overlooked in the Contingent Valuation Method (CVM). We find that using on-site samples of visitors overstates visitor willingness to pay (WTP) estimates relative to a household sample of visitors, and...
Persistent link: https://www.econbiz.de/10008693225
We update the joint estimation of revealed and stated preference data of previously published research to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. The TCM estimation also corrects for truncation and endogenous stratification as well as...
Persistent link: https://www.econbiz.de/10005513877
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Surveys of visitors to National Forests in Colorado were conducted to determine whether different fire ages and presence of crown fires have different effects on hiking and mountain biking recreation visits and benefits. Actual and intended behavior data were combined using a count-data travel...
Persistent link: https://www.econbiz.de/10005805425
A combined telephone contact-mail booklet-telephone interview of California and New England households regarding their willingness to pay for fire management in California and Oregon's old-growth forests was performed to test hypotheses regarding the spatial extent of the public goods market....
Persistent link: https://www.econbiz.de/10005320629
This research updates the joint estimation of revealed and stated preference data of Cameron (1992) to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. Further these count data models reflect correction for truncation and endogenous stratification...
Persistent link: https://www.econbiz.de/10005330156
Meta-analyses of past research outcomes are becoming more popular, however, the issue of the panel nature of data has not been empirically investigated. We test various forms of data stratifications into panels for outdoor recreation economic studies but do not find any significant effects,...
Persistent link: https://www.econbiz.de/10005525118
This paper tests the equivalence of conjoint ratings and rankings to estimate the values of prevention of forest pest infestations. It was found that rankings constructed from ratings were not statistically different from actual rankings. This implies that the easier ratings format can be used...
Persistent link: https://www.econbiz.de/10005483576
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