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Estimation of median willingness to pay for a system of recreation areas

โœ Scribed by Kimberly Rollins; Diana Elena Dumitras


Book ID
105644783
Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
156 KB
Volume
2
Category
Article
ISSN
1865-1984

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A comparison of approaches to estimating
โœ Arne Risa Hole ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 162 KB

## Abstract This paper describes four approaches to estimating confidence intervals for willingness to pay measures: the delta, Fieller, Krinsky Robb and bootstrap methods. The accuracy of the various methods is compared using a number of simulated datasets. In the majority of the scenarios conside