Semiparametric estimation of the binary choice model for contingent valuation.

Research was conducted to attempt to estimate the binary choice model without imposing any parametric structure on the distribution of the stochastic term. The distribution-free maximum likelihood method developed by Stephen Cosslett (1983) is adapted for deriving the contingent value function with...

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Detalles Bibliográficos

Publicado en:	Land Economics Vol. 72; pp. 462 - 474
Autor principal:	Li, Chuan-Zhong
Formato:	Artículo
Publicado:	University of Wisconsin Press November 1996
Materias:	Contingent valuation Parameter estimation Monte Carlo method Natural resources Valuation Outdoor recreation Economics Forests & forestry Sweden
Acceso en línea:	Ver este registro en EBSCOhost