Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061720 | Economics Letters | 2008 | 4 Pages |
Abstract
A semi-parametric discrete choice method is proposed to recover welfare measures from individual choice data. The proposed method is compared with the traditional binary choice models in an application to measure benefits of recreation trips.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ju-Chin Huang, Douglas W. Nychka, V. Kerry Smith,