Showing 1 - 10 of 9,908
The sample selection model is based upon a bivariate or a multivariate structure, and distributional assumptions are in this context more severe than in univariate settings, due to the limited availability of tractable multivariate distributions. While the standard FIML estimation of the...
Persistent link: https://www.econbiz.de/10005385435
The sample selection model is based upon a bivariate or a multivariate structure, and distributional assumptions are in this context more severe than in univariate settings, due to the limited availability of tractable multivariate distributions. While the standard FIML estimation of the...
Persistent link: https://www.econbiz.de/10005049505
I derive the value of marginal changes in a public good for two-person households, measured alternatively by household member i’s willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are...
Persistent link: https://www.econbiz.de/10005004404
I derive the marginal value of a public good in multiperson households, measured alternatively by one household member’s willingness to pay (WTP) for the good on behalf of the household, or by the sum of individual WTP values across family members. Households are assumed to allocate their...
Persistent link: https://www.econbiz.de/10005652407
Increasing animal welfare standards requires changes along the supply chain which involve several stakeholders: scientists, farmers and people involved in transportation and slaughtering. The majority of researchers agree that compliance with these standards increases costs along the livestock...
Persistent link: https://www.econbiz.de/10005634986
Studies have combined contingent valuation and attitude theory in models directly predicting willingness to pay … 1068 recreationists at the McDonald-Dunn forest in Oregon. Attitudes toward paying an annual fee at this forest were …
Persistent link: https://www.econbiz.de/10010588151
This paper extends the truncated and endogenously stratified Poisson and negative binomial models to three alternative discrete distributions, namely the generalized Poisson, geometric, and Borel distributions. Our primary intention here is to demonstrate how improper treatment of the data...
Persistent link: https://www.econbiz.de/10005190881
Le service d’élimination des déchets ménagers présente divers risques environnementaux et sanitaires. Si, en accord avec la législation actuelle, nous supposons que le recyclage constitue la moins mauvaise des voies d’élimination, développer la collecte sélective améliore la...
Persistent link: https://www.econbiz.de/10005422860
The Dichotomous Choice Contingent Valuation Method can be used either in the single or double bound formulation. The former is easier to implement, while the latter is known to be more efficient. We analyse the bias of the ML estimates produced by either model, and the gain in efficiency...
Persistent link: https://www.econbiz.de/10005423136
Practitioners of outdoor sports, such as rock-climbers, are likely to exhibit preference heterogeneity that depends on the ‘keenness’ with which such sports are practiced. Such an intuition is born out in at least one study using latent class discrete choice modelling (Provencher et al....
Persistent link: https://www.econbiz.de/10005423155