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To reduce the potential for response bias on the follow-up bid in multiple-bound discrete choice CVM questions while maintaining much of the efficiency gains of the multiple-bound approach, we introduce the one-and-one-half-bound (OOHB) approach. Despite the fact that the OOHB model uses less...
Persistent link: https://www.econbiz.de/10005027116
This paper addresses issues of specification testing for the travel cost method (TCM). Two nonparametric approaches to TCM analysis are presented. In addition, semi- nonparametric count models for TCM are developed.A numerical illustration isprovided in which the three methodsare applied to an...
Persistent link: https://www.econbiz.de/10008534219
Ice cream has been manufactured commercially in the United States since the middle of the 19th century. Ice cream and frozen dessert products comprise an important and relatively stable component of the United States dairy industry. As with many other dairy products, ice cream is differentiated...
Persistent link: https://www.econbiz.de/10008534536
Farmers can be encouraged to voluntarily adopt environmentally sound management practices through the use of incentive payments. This paper uses both a bivariate probit with sample selection model and a double hurdle model on data from a survey of farmers to predict farmer adoption of the...
Persistent link: https://www.econbiz.de/10008565115
Given that the majority of conservation reserve program (CRP) contracts on approximately 36 million acres of enrolled land expire concurrently, re-enrollment decisions by farmers and the federal government have high budgetary implications. Using a survey of over 8,000 CRP contract holders, we...
Persistent link: https://www.econbiz.de/10008565154