Essays in Environmental Economic Valuation and Decision Making in the Presence of an Environmental Disaster
The first essay developed a respondent model of Bayesian updating for a double-bound dichotomous choice (DB-DC) contingent valuation methodology. I demonstrated by way of data simulations that current DB-DC identifications of true willingness-to-pay (WTP) may often fail given this respondent Bayesia...
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FIU Digital Commons
2007
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| Online Access: | http://digitalcommons.fiu.edu/etd/49 http://digitalcommons.fiu.edu/cgi/viewcontent.cgi?article=1028&context=etd |