Although the concept of the sampling distribution is at the core of much of what we do in econometrics, it is a concept that is often difficult for students to grasp. The thought process behind bootstrapping provides a way for students to conceptualize the sampling distribution in a way that is...

This paper investigates the role of congestion in influencing the site choice of recreation participants and derived values for a trip. Estimation is performed in a revealed preference framework by constructing an instrument for congestion within the estimation using the predicted choices of...

This paper investigates the empirical identification of perceived congestion and mitigating behavior using observational data. Congestion effects are identified using a procedure based upon a non-linear function of the choice attributes combined with an equilibrium condition on the sorting...

This paper compares a nonparametric generalized least squares (NPGLS) estimator to parametric feasible GLS (FGLS) and variants of heteroscedasticity robust standard error estimators (HRSEs) in an applied setting. Given myriad alternative HRSEs, a clear consensus on which version to use does not...