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Scrogin, David; Berrens, Robert P.; Bohara, Alok K.. |
Lotteries are commonly used to allocate big game hunting privileges. In this study, lottery demand and consumer surplus are modeled before and after policy changes designed to increase participation. The application is to New Mexico elk hunt lotteries. Given the volume and variety of hunts, we adopt a disaggregated and flexible count modeling approach. Two welfare measures are estimated: Marshallian surplus and a proposed measure that incorporates consumer uncertainty. The Marshallian measure produces smaller and slightly less precise estimates. However, regardless of the surplus measure examined, welfare increased significantly with the policy changes, while revenues changed by less than 1%. |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/30891 |
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Scrogin, David; Berrens, Robert P.. |
Pressures on natural resource stocks and habitats on public lands and waterways are resulting increasingly in the rationing of public access by lottery. Upon accounting for the uncertainties of random rationing, discrete choice models lend themselves to analyzing participation in public resource lotteries and estimating welfare changes. Key to the modeling is the estimation of individual-specific expected access-probabilities. In the application we model the discrete choices of more than 18,000 participants in a lottery system for harvest rights. Welfare estimates are obtained from simulated policy changes affecting individually and jointly the access probability and indirect utility. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Public Economics. |
Ano: 2001 |
URL: http://purl.umn.edu/20472 |
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Scrogin, David; Hofler, Richard; Boyle, Kevin J.; Milon, J. Walter. |
Deterministic rules for generating choice sets are often employed by analysts confronting universal sets with large numbers of alternatives. For destination choice analysis, site exclusion rules defined by travel time, distance, or quality have a behavioral appeal, yet are fundamentally limited by their one-dimension scope. To remedy this shortcoming while maintaining the concept that trips require costly inputs to yield utility generating outputs, we develop and test an exclusion rule for generating choice sets defined by efficiency measures derived from stochastic frontier econometric models. Choice set composition, site choice efficiency and probability of selection, and consumer surplus are compared with results obtained under alternative exclusion... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 2004 |
URL: http://purl.umn.edu/20134 |
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