Grantee Research Project Results
Analysis of Monongahela National Forest Data to Test the Statistical Efficiency of Welfare Estimates From Double-Bound Dichotomous Choice Questions Versus Single-Bound Dichotomous Choice Questions
EPA Grant Number: U914926Title: Analysis of Monongahela National Forest Data to Test the Statistical Efficiency of Welfare Estimates From Double-Bound Dichotomous Choice Questions Versus Single-Bound Dichotomous Choice Questions
Investigators: DeYoung, Cassandra
Institution: West Virginia University
EPA Project Officer: Packard, Benjamin H
Project Period: January 1, 1996 through January 1, 1998
Project Amount: $68,000
RFA: STAR Graduate Fellowships (1996) RFA Text | Recipients Lists
Research Category: Fellowship - Resource Economics , Academic Fellowships , Environmental Justice
Objective:
The objective of this research project is to investigate the economic concepts of resource evaluation, the econometric skills necessary to interpret data, and the possible links between resource economics and spatial analysis.
Approach:
I am conducting a contingent-valuation (nonmarket) research project, which analyzes data collected from a referendum survey of trout fishermen in the Monongahela National Forest (MNF), West Virginia. Contingent-valuation methods will be used to analyze the benefits derived from potential policies to increase water quality (by decreasing the acidic level) of streams in the MNF and, therefore, increase the quality of fishing. I will analyze the MNF data to test the statistical efficiency of welfare estimates from double-bound dichotomous-choice questions versus single-bound dichotomous-choice questions. I also will conduct a comparison of the results of two utility-theoretic models of referendum choice (Cameron, 1988; Hanemann, 1984). I would use the MNF survey data to test the hypothesis that Cameron's and Hanemann's methods are duals of one another.
References:
Cameron TA. A new paradigm for valuing non-market goods using referendum data: maximum likelihood estimation by censored logistic regression. Journal of Environmental Economics and Management 1988;15:355-379.
Hanemann WM. Welfare evaluations in contingent valuation experiments with discrete responses. American Journal of Agricultural Economics 1984;66:332-341.
Supplemental Keywords:
fellowship, Monongahela National Forest, MNF, West Virginia, WV, water quality, trout, fishing, resource evaluation, econometrics., RFA, Scientific Discipline, Economic, Social, & Behavioral Science Research Program, Economics & Decision Making, Economics, decision-making, Social Science, Ecology and Ecosystems, multinominal nonmarket choice experiments, conjoint analysis, multi-criteria decision analysis, multi-objective decision making, willingness to pay, non-market valuation, policy analysis, standards of value, dichotomous-choice, Monongahela National Forest, public policy, surveys, nonmarket choice, decision analysis, market valuation models, optimal experimentationProgress and Final Reports:
The perspectives, information and conclusions conveyed in research project abstracts, progress reports, final reports, journal abstracts and journal publications convey the viewpoints of the principal investigator and may not represent the views and policies of ORD and EPA. Conclusions drawn by the principal investigators have not been reviewed by the Agency.