Statistics does not usually go with the word “famous,” but a few theorems and concepts of statistics find such universal application, that…
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Agriculture is the oldest source of employment and wealth generation for India. It affects the life of every single citizen of the…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (4) My treatment of the weighted WTP is biased in favor of the DMT (2015) result/conclusion
DMT (2020) draw attention to my treatment of the weighted WTP estimates. The regression model for the second scenario has a negative…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (2) What is the effect of negative WTP?
When dichotomous choice CVM data is of low quality, the measure of central tendancy is sensitive to assumptions. As I showed in…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (1) Is the log-linear model meaningless?
When dichotomous choice CVM data has a negative WTP problem, one of the standard corrections is to estimate a log-linear model and…
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Economy
Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (6) Are the DMT (2015) data problems typical in other CVM studies?
In Whitehead (2020) I describe the problems in the DMT (2015) data. It is full of non-monotonicities, flat portions of bid curves…
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I recently read an article in the journal Economics and Philosophy, written by Lisa Herzog, which has nothing whatsoever to do with…
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As described in the introduction of my (draft) “Reply to ‘Reply to Whitehead’”, I suspect that I have used the incorrect confidence…
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Desvousges, Mathews and Train (Land Economics, 2015) use the contingent valuation method (CVM) to conduct an adding-up test (i.e., does WTPA +…
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Gmail was the most popular fad in the early 2000’s when it was rolled out as an invite only free email service…