The purpose of this paper is to consider the problem of controlling for on-site sampling in the context of a system (or panel) of demand equations. Specifically, in the context of recreation demand, we are concerned with the situation in which survey respondents are asked to provide information...

Crop insurance provides a potential tool for reducing agricultural chemical use by providing a substitute for the risk management benefits of pesticides. This article describes the results obtained from an integrated modeling system developed to assess the efficacy of crop insurance used in this...

Abstract Currently Unavailable.

This paper provides simple necessary conditions for testing the local consistency of nested logit models with stochastic utility maximization. A graphical analysis illustrates the extent to which these conditions extend the range of admissible dissimilarity coefficients beyond the unit interval.

Repeated logit models are among the most commonly applied methods for modeling seasonal recreation demand. In this paper we examine the capabilities of the repeated nested logit and repeated mixed logit models to capture patterns of error correlation and demand substitution. Particular attention...

The task of modeling the recreation demand for geographically large sites, such as rivers and beaches or large parks with multiple entrances, is often challenged by incomplete information regarding the access point used by the individual. Traditionally, analysts have relied upon convenient...

This paper provides a convergent validity test of two types of multinomial choice questions vis-¨¤-vis a dichotomous choice question by formally testing whether these stated preference elicitation question formats provide comparable welfare estimates. In particular, a dichotomous choice...

The US economy was hit hard by a recession during 2008–2009, which is considered the longest and most severe economic crisis since the end of Great Depression. The recession affected individual economic well-being through unemployment, stock market crashes, and falling real estate prices, all...