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Decision-makers have a wide variety of competing and complementary methods for non-market valuation, but there is little formal advice on the choice of method. I offer a formal approach, using a loss function (the mean square error) to compare contingent valuation, Citizens' Jury and methods...
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Using data on angler choices from the Marine Recreational Information Program (MRIP) of the National Oceanic Atmospheric Administration (NOAA), we demonstrate a level of racial aversion in which anglers are less likely to fish from a site with larger black and Hispanic population proportions...
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In order to control for censoring and the integer nature of trip demand, the use of count data models in travel cost analysis is attractive. Two such models, the Poisson and negative binomial, are discussed. Robust estimation techniques that loosen potentially stringent distributional...
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