A mail survey was administered to a panel of Colorado consumers to obtain estimates of willingness to pay (WTP) for preserving Union Park. Detailed socioeconomic data for all surveyed individuals was available a priori. We develop and employ the multiple-bounded probit with selection (MBPS)...

Environmental externalities resulting from the construction and operation of a number of hydropower plants are now being reexamined. The focus of many recent analyses is on identifying new, often more restrictive, operational regimes which will improve downstream environmental conditions. These...