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EXPERIMENTAL METHODS IN AGRICULTURAL AND RESOURCE ECONOMICS: HOW USEFUL ARE THEY? AgEcon
Fisher, Ann; Wheeler, William J.; Zwick, Rami.
Experimental economics has the potential to fill some of the gaps in the economist's tool kit. This article describes experimental economics, its advantages and disadvantages, and why this tool might be a good choice in some situations. The article summarizes the history of its use by agricultural and resource economists. An illustrative example compares laboratory experiment data with survey data.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1993 URL: http://purl.umn.edu/31550
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BENEFITS OF REDUCING DOMESTIC WELL NITRATE CONTAMINATION FROM CONCENTRATED ANIMAL FEEDING OPERATIONS: A NATIONAL MODEL OF GROUNDWATER CONTAMINATION AgEcon
Lazo, Jeffrey K.; Waldman, Donald M.; Ottem, Thomas D.; Wheeler, William J..
This paper presents an analysis of benefits to private drinking water well users from regulatory changes for concentrated animal feeding operations (CAFOs). Combining a statistical model of groundwater quality with benefit estimates based on values available from the literature, we develop aggregate national benefit estimates for reduced well water contamination from changes in CAFO regulations. The statistical model is developed to explore truncation and selection issues. We conduct a sensitivity analysis of aggregate benefit estimates to model estimation and benefits transfer values.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/22143
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