Recreation demand modeling efforts are often limited by the range of variation in observed environmental quality. To address this limitation, the practitioners increasingly makes use of contingent behavior (CB) data; i.e., asking survey respondents to forecast their trip patterns under...

Standard procedures for extracting willingness-to-pay (WTP) from dichotomous choice CV questionnaires rely heavily upon parametric assumptions regarding the distribution and form of WTP in the sampled population. However, theory provides little guidance regarding which parametric specification...

The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the...

The Kuhn-Tucker model provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. This paper provides an application of the Kuhn-Tucker model to the problem of recreation demand and site selection,...

The focal point of the revealed preference (RP) valuation literature, including recreation demand and random utility maximization (RUM) models, has been on eliciting the "use" value associated with environmental amenities, i.e., that portion of value associated with direct use of a resource....

This paper discusses the rose of information structure (i.e., information cost, reliability, and distribution among agents) in the design of a regulatory mechanism for controlling non-point source pollution. An ambient concentration tax mechanism is examined for non-point source pollution with...

Bonds have recently been promoted as an alternative tool for controlling environmental damages, particularly in those instances when the innovative activities of a firm have uncertain future impacts [Costanza and Perrings (1990)]. Under this mechanism, a firm would post a bond ex ante,...

This paper incorporates a rich set of physical water quality attributes, as well as site and household characteristics, into a model of recreational lake usage in Iowa. Our analysis shows individuals are responsive to physical water quality measures. Willingness-to-pay estimates are reported...

This report presents summary statistics and other results of a survey of Clear Lake visitors and residents. Drawing on survey results, the authors present information on recreational usage of the lake, attitudes of recreators and local residents toward possible watershed management changes, and...

Understanding how Iowans view the benefits and costs of wetlands preservation is key to making decisions about the future of wetlands in Iowa. To that end, the authors created "The Iowa Wetlands Survey." How the survey was designed and administered is described and the results are summarized....