New working paper: Sea-level Rise, Groundwater Quality, and the Impacts on Coastal Homeowners
Environmental Economics
by
2M ago
on April 02, 2024 at 11:48 AM in ..read more
Visit website
New working paper: The Aggregate Economic Value of Great Lakes Recreational Fishing Trips
Environmental Economics
by
3M ago
Abstract: We use the contingent valuation method in a survey of Great Lakes anglers to estimate the willingness to pay for a Great Lakes recreational fishing trip. Employing various assumptions and models, we find that the willingness to pay for a trip ranges from $54 to $101 ($2020). We then combine the willingness to pay per trip estimates with an estimate of the number of trips and find that the aggregate economic value of Great Lakes fishing trips in the U.S. is $611 million. We conduct a sensitivity analysis over the estimates of willingness to pay and the number of trips and estimate tha ..read more
Visit website
New working paper: Total Economic Valuation of Great Lakes Recreational Fisheries: Attribute Non-attendance, Hypothetical Bias and Insensitivity to Scope
Environmental Economics
by
3M ago
Key Words: Attribute non-attendance, Hypothetical bias, Scope test, Willingess to pay ..read more
Visit website
New working paper: "They doth protest too much, methinks: Reply to 'Reply to Whitehead'”
Environmental Economics
by
4M ago
Abstract: Desvousges, Mathews and Train (2020) point out a mistake in my comment on their 2015 paper. When this mistake is corrected the conclusions drawn in my comment are unchanged. In addition, the authors claim that I make another 11 “mistakes”. In this paper I argue that these “mistakes” are mostly fairly standard practice in the contingent valuation method. Desvousges, Mathews and Train misread and distort this literature. In addition, I place the comments and reply in the context of a larger debate over using the Contingent Valuation Method for Natural Resource Damage Assessment ..read more
Visit website
IRERE special issue honoring Tom Tietenberg
Environmental Economics
by
5M ago
on January 17, 2024 at 09:25 AM in ..read more
Visit website
Conducting hypothesis tests with a Turnbull estimator with pooled data drives me crazy
Environmental Economics
by
8M ago
Many contingent valuation method researchers use the nonparametrice Turnbull WTP estimates for hypothesis testing. This is inappropriate when the data must be "pooled" to get the willingness to pay (e.g., the "vote in favor" variable) to decrease with the cost amount. Sometimes, due to small samples, poorly chosen cost amounts or respondent inattentiveness, the percentage of “vote in favor” responses is not monotonically decreasing with the cost amount. The Turnbull estimator requires that the “vote in favor” responses are pooled over prices until the pooled responses are monotonically decreas ..read more
Visit website
A new working paper shows that everything isn't fine
Environmental Economics
by
8M ago
**Not that we had enough money for "best practices" for this paper ..read more
Visit website
Understanding Bidding Behavior in Multi-unit Experimental Auctions with Latent Class Models
Environmental Economics
by
8M ago
[1] This study was funded by the Walker College of Business Dean's Club. It was conducted with a student at Appalachian State University who was going to use it for an Honors Thesis. The student ghosted on us and we're left with the responsibility of producing a poster for the Dean's Club poster session (a requirement for securing Dean's Club funding).  ..read more
Visit website
Errata: Estimating recreation benefits through joint estimation of revealed and stated preference discrete choice data
Environmental Economics
by
9M ago
Whitehead, John C., and Daniel K. Lew. "Estimating recreation benefits through joint estimation of revealed and stated preference discrete choice data." Empirical Economics 58 (2020): 2009-2029 ..read more
Visit website
Daily demand and supply: olive oil
Environmental Economics
by
9M ago
Spain, the source of half the world’s olive oil supply and the global price setter, in May reported a drop in production of 48 percent compared to last year. Concerns intensified following the release of the most recent olive oil report from the Spanish government, which showed dwindling supplies in August ..read more
Visit website

Follow Environmental Economics on FeedSpot

Continue with Google
Continue with Apple
OR