Burt, Oscar R., and Durward Brewer. “Estimation of net social benefits from outdoor recreation.” Econometrica: Journal of the Econometric Society (1971): 813-827.…
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Economy
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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
by adminby adminDMT (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: (6) Are the DMT (2015) data problems typical in other CVM studies?
by adminby adminIn 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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