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Filtering by: Subject Lumbering -- Mathematical models Academic Affiliation Agriculture and Resource Economics Subject Travel costs -- Mathematical models

A method to improve consumer surplus estimates from truncated recreation demand data

Creator:

Weidner, Kerri L

Abstract:

A method is presented in this study for improving empirical travel cost analyses when truncated data are available. The analysis expands upon a Monte Carlo study conducted by Riyadi (1993) which compared the coefficient and consumer surplus estimates for five travel cost estimators using both truncated and censored data. Riyadi...

Resource Type:

Masters Thesis

Full Text:

population-wide survey is proposed. The procedure originates from a mathematical Overdispersion occurs
Monte Carlo study of several methods for estimating linear demand for outdoor recreation from censored and truncated data

Creator:

Riyadi, Dedi M. M. (Dedi M. Masykur)

Abstract:

Objective of this study was to compare accuracy of several travel cost methods, by employing Monte Carlo simulations in the single site framework. Estimates from five methods were compared to the "true" travel cost coefficient and "true" consumer surplus. Each method was ranked, using the root mean squared error (RMSE)...

Resource Type:

Dissertation

Full Text:

identity of linear demand estimated by OLSALL and the classic ZATC model was discovered. An original

ScholarsArchive@OSU

A method to improve consumer surplus estimates from truncated recreation demand data

Monte Carlo study of several methods for estimating linear demand for outdoor recreation from censored and truncated data

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