The Economics of Non-Market Goods and Resources

Applications of Simulation Methods in Environmental and Resource Economics

Editors: Scarpa, Riccardo, Alberini, Anna (Eds.)

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eBook $209.00
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  • ISBN 978-1-4020-3684-2
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  • ISBN 978-1-4020-3683-5
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  • ISBN 978-90-481-6930-6
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About this book

Simulation methods are revolutionizing the practice of applied economic analysis. This volume collects eighteen chapters written by leading researchers from prestigious research institutions the world over. The common denominator of the papers is their relevance for applied research in environmental and resource economics.

The topics range from discrete choice modeling with heterogeneity of preferences, to Bayesian estimation, to Monte Carlo experiments, to structural estimation of Kuhn-Tucker demand systems, to evaluation of simulation noise in maximum simulated likelihood estimates, to dynamic natural resource modeling. Empirical cases are used to show the practical use and the results brought forth by the different methods.

Table of contents (5 chapters)

  • Discrete Choice Models in Preference Space and Willingness-to-Pay Space

    Kenneth Train, Melvyn Weeks

    Pages 1-16

  • Using Classical Simulation-Based Estimators to Estimate Individual WTP Values

    William H. Greene, David A. Hensher, John M. Rose

    Pages 17-33

  • The Cost of Power Outages to Heterogeneous Households

    David F. Layton, Klaus Moeltner

    Pages 35-54

  • Kuhn-Tucker Demand System Approaches to Non-Market Valuation

    Roger H. von Haefen, Daniel J. Phaneuf

    Pages 135-157

  • Monte Carlo Methods in Environmental Economics

    Giovanni Baiocchi

    Pages 317-340

Buy this book

eBook $209.00
price for USA (gross)
  • ISBN 978-1-4020-3684-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $269.00
price for USA
  • ISBN 978-1-4020-3683-5
  • with online files
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $269.00
price for USA
  • ISBN 978-90-481-6930-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Applications of Simulation Methods in Environmental and Resource Economics
Editors
  • Riccardo Scarpa
  • Anna Alberini
Series Title
The Economics of Non-Market Goods and Resources
Series Volume
6
Copyright
2005
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media B.V.
eBook ISBN
978-1-4020-3684-2
DOI
10.1007/1-4020-3684-1
Hardcover ISBN
978-1-4020-3683-5
Softcover ISBN
978-90-481-6930-6
Series ISSN
1571-487X
Edition Number
1
Number of Pages
XXXVI, 410
Topics