Showing 1 - 8 of 8
A water-crop simulation/mathematical programming model of irrigation water demand in northeastern Colorado is formulated to develop an original concept of derived demand for consumptive use of water. Conventional demand functions for water deliveries are also developed, and the effect of...
Persistent link: https://www.econbiz.de/10009446619
A water-crop simulation/mathematical programming model of irrigation water demand in northeastern Colorado is formulated to develop an original concept of derived demand for consumptive use of water. Conventional demand functions for water deliveries are also developed, and the effect of...
Persistent link: https://www.econbiz.de/10005330439
We update the joint estimation of revealed and stated preference data of previously published research to allow for joint estimation of the Travel Cost Method (TCM) portion using count data models. The TCM estimation also corrects for truncation and endogenous stratification as well as...
Persistent link: https://www.econbiz.de/10005513877
Almost all applications of the Travel-Cost-Method demand function which include site quality variable(s) are multisite models. The results of this study serve as a note of warning that using the demand equation derived from multisite cross-sectional data to perform a benefit-cost analysis of...
Persistent link: https://www.econbiz.de/10005804210
Persistent link: https://www.econbiz.de/10005804764
The Orbit demand model allows the magnitude of the calibration to stated purchase intentions to vary based on the magnitude of the stated quantities. Using an empirical example of stated trips, we find that the extent of calibration varies substantially with less correction needed at small...
Persistent link: https://www.econbiz.de/10008853634
In the current paper, we compare alternative approaches to incorporating uncertainty into the statistical analysis of dichotomous choice responses. In doing so, first we employ previous modelling techniques that included uncertainty of preferences, and secondly we compare the obtained results...
Persistent link: https://www.econbiz.de/10005327192
Dichotomous choice willingness to pay questions are often used to determine the value visitors place on nature-based recreation. Ambiguity in wording can result in the use of information that does not necessarily reflect visitors’ true WTP. For example, depending on the specificity of the...
Persistent link: https://www.econbiz.de/10009020433