Titlebook: Applications of Simulation Methods in Environmental and Resource Economics; Riccardo Scarpa (Professor),Anna Alberini (Associa Book 2005 S

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Energieorientierte Produktionsplanungtation effects in double bound contingent valuation data. Alternative univariate and bivariate models are applied to several simulated data sets, each one characterized by a specific elicitation effect, and their performance is assessed using standard selection criteria. The bivariate models include

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,Planungsans?tze zur Walzprogrammplanung,system, it is rare for such optimization to actually be carried out in large-scale simulation models. Computational limitations remain a major barrier to the study of dynamically optimal policies. Since the size of dynamic optimization problems grows approximately geometrically with the state space,

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Andreas Wiese,Martin Kaltschmitthe increasing power of computers and the development of sophisticated software, Monte Carlo and other computer-based simulation methods have emerged and established themselves as a third approach for advancing environmental and resource economics along side with traditional theory and empirical rese

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https://doi.org/10.1007/978-3-642-59097-9ices in discrete-choice, random-parameters models. This paper compares simulation to another method of estimation, Gaussian quadrature, on the basis of speed and accuracy. The comparison is done using stated preference data consisting of the answers to choice questions for fishing in Green Bay, a la

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Andreas Wiese,Martin Kaltschmitttobit estimation of panel data. The application presented considers land use decisions made by nomadic herders in northern Kenya. The study focuses on issues of parameter instability arising from the use of simulation methods to control for an unobserved household specific effect. It is found that p

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978-90-481-6930-6Springer Science+Business Media B.V. 2005

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