Applications of Simulation Methods in Environmental and Resource Economics

Simulation methods are revolutionizing the practice of applied economic analysis. This volume collects eighteen chapters written by leading researchers from prestigious research institutions the world over. The common denominator of the papers is their relevance for applied research in environmental...

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Bibliographic Details
Other Authors: Scarpa, Riccardo (Editor), Alberini, Anna (Editor)
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 2005, 2005
Edition:1st ed. 2005
Series:The Economics of Non-Market Goods and Resources
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:Simulation methods are revolutionizing the practice of applied economic analysis. This volume collects eighteen chapters written by leading researchers from prestigious research institutions the world over. The common denominator of the papers is their relevance for applied research in environmental and resource economics. The topics range from discrete choice modeling with heterogeneity of preferences, to Bayesian estimation, to Monte Carlo experiments, to structural estimation of Kuhn-Tucker demand systems, to evaluation of simulation noise in maximum simulated likelihood estimates, to dynamic natural resource modeling. Empirical cases are used to show the practical use and the results brought forth by the different methods
Physical Description:XXXVI, 410 p online resource
ISBN:9781402036842