Specification tests for mixed demand systems with an emphasis on combining contingent valuation and revealed data.
The writers examine the conditions under which welfare measurements can be undertaken in a world of market and nonmarket goods—most environmental goods—and their implications for applied work. They derive necessary and sufficient conditions for the existence of an underlying rational preference str...
| Publicado en: | Journal of Environmental Economics & Management Vol. 38; no. 2; pp. 215 - 234 |
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| Autores principales: | , |
| Formato: | Artículo |
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Academic Press Inc.
September 1999
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512873479&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512873479 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00950696 EEM jtl: Journal of Environmental Economics & Management issn: 00950696 maglogo: N pubinfo: dt: September 1999 vid: 38 iid: 2 pid: 735 pub: Academic Press Inc. artinfo: ui: 512873479 10.1006/jeem.1999.1086 ppf: 215 ppct: 19 formats: tig: atl: Specification tests for mixed demand systems with an emphasis on combining contingent valuation and revealed data. aug: au: Cunha-e-Sá, Maria Ducla-Soares, Maria M. su: Contingent valuation Consumer preferences Mathematical models Information theory in economics Economic demand sug: subj: Contingent valuation Consumer preferences Mathematical models Information theory in economics Economic demand ab: The writers examine the conditions under which welfare measurements can be undertaken in a world of market and nonmarket goods—most environmental goods—and their implications for applied work. They derive necessary and sufficient conditions for the existence of an underlying rational preference structure, based on a system of mixed demand functions with complete information. They examine, with incomplete information, the case of a partial demand system and propose a test for separability. They investigate the implications for testing rationality in a world characterized by combined real market data and stated data for data consistency. They derive testable conditions for data consistency that extend previous results in the literature to the case of a system of mixed demand functions. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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