The authors develop a contingent trip model to estimate the recreation demand for and value of a potential rail-trail site in north-east Georgia. The contingent trip model is an alternative to travel cost modelling useful for ex ante evaluation of proposed recreation resources or management...

Logistic regression techniques for panel data are used to identify factors affecting farm credit transition probabilities. Results indicate that most farm‐specific factors do not have adequate explanatory influence on the probability of farm credit risk transition. Class upgrade probabilities...

A utility-consistent model of participation and participation intensity choices for a voluntary soil conservation program is developed. A modified form of Roy's Identity is used to derive a two-equation system that links the discrete, dichotomous choice (participation) and the continuous choice...