Benefit transfer has become increasingly important for policy researchers as a low-cost approach for assigning benefits to environmental amenities. To gain insights on how to best perform benefit transfer, this study analyzes estimates from both the travel cost (TC) and contingent valuation (CV)...

Cross sectional employment data is not random. Individuals who survive to a longer level of tenure tend to have a higher level of productivity than those who exit earlier. This result suggests that in cross sectional data high productivity workers are over-sampled at high levels of tenure. In...

We estimate the economic values of Saginaw Bay coastal marshes with multiple methods. First we estimate the value of coastal marsh recreation with two variations of the travel cost method: the single-site recreation demand model and the recreation site selection or random utility model. Using...