Morey, Edward; Thacher, Jennifer; Breffle, William - In: Environmental & Resource Economics 34 (2006) 1, pp. 91-115
A latent-class model of environmental preference groups is developed and estimated with only the answers to a set of attitudinal questions. Economists do not typically use this type of data in estimation. Group membership is latent/unobserved. The intent is to identify and characterize...