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Filtering by: Subject Travel costs -- Mathematical models Subject Consumers' surplus -- Econometric models

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