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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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 (18 chapters)

Table of contents (18 chapters)
  • Discrete Choice Models in Preference Space and Willingness-to-Pay Space

    Pages 1-16

    Train, Kenneth (et al.)

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

    Pages 17-33

    Greene, William H. (et al.)

  • The Cost of Power Outages to Heterogeneous Households

    Pages 35-54

    Layton, David F. (et al.)

  • Capturing Correlation and Taste Heterogeneity with Mixed GEV Models

    Pages 55-75

    Hess, Stephane (et al.)

  • Analysis of Agri-Environmental Payment Programs

    Pages 77-95

    Cooper, Joseph

Buy this book

eBook $169.00
price for USA in USD
  • ISBN 978-1-4020-3684-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • Immediate eBook download after purchase and usable on all devices
  • Bulk discounts available
Hardcover $219.99
price for USA in USD
Softcover $219.99
price for USA in USD
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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