Economic efficiency has become more visible in national forest plans because of new planning regulations implemented by the Reagan administration. This paper investigates economic efficiency analyses and whether such information influences U.S. Forest Service decisions. The findings indicate...

Many times economists are asked to estimate the demand for new consumer goods or services for which no market data exists. Typically market researchers and economists answer this challenge using surveys that ask about intended purchases (Louviere, et al. 2000) or what has become known as stated...

This research uses the Contingent Valuation Method to test whether willingness to pay increases for larger reductions in acres of forests burned by wildfires across the states of California, Florida and Montana. This is known as a test of scope, a measure of internal validity of the contingent...

A method of paired comparison is adapted for use in estimating economic measures of value. The method elicits multiple binary choices for paired items in a choice set. Probability distributions and economic values are estimated nonparametrically and parametrically. The method is applied in an...

In a recent paper in this Journal entitled "Economic Efficiency vs. Distributive Equity: The Sagebrush Rebellion" Obermiller provides misleading evidence about the role of efficiency criterion in land use allocations by the Bureau of Land Management (BLM). In using this "evidence" he comes to...

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...

A recreation allocation model is developed which efficiently selects recreation areas and degree of development from an array of proposed and existing sites. The model does this by maximizing the difference between gross recreation benefits and travel, investment, management, and...

To test for preference heterogeneity in dichotomous choice contingent valuation responses, a random parameter logit (RPL) specification is used in this analysis. The RPL model confirms heterogeneity in respondents' preferences for protection of public open space, as reflected in statistically...