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This paper outlines a new revealed preference method to estimate the effects of changes in land use associated with residential development on water quality and the implied ecosystem services at the watershed level. The analysis integrates data describing several types of behavior and uses...
Persistent link: https://www.econbiz.de/10005583183
We examine snowmobile use conflict in Yellowstone National Park to assess the effect of different winter management policies on heterogeneous visitors’ welfare. Using a stated preference choice experiment we quantify welfare changes for snowmobile riders and non-riders under different...
Persistent link: https://www.econbiz.de/10005583192
We show how stated preference information obtained from a choice experiment, and revealed preference information based on housing market transactions, can be combined via generalized method of moments (GMM) estimation. Specifically, we use a moment condition matching the predicted marginal...
Persistent link: https://www.econbiz.de/10010610189