The Welfare Effects Of Pfiesteria-Related Fish Kills: A Contingent Behavior Analysis Of Seafood Consumers, George R. Parsons, Ash O. Morgan, John C. Whitehead, Tim C. Haab
Sep 2006
The Welfare Effects Of Pfiesteria-Related Fish Kills: A Contingent Behavior Analysis Of Seafood Consumers, George R. Parsons, Ash O. Morgan, John C. Whitehead, Tim C. Haab
George Parsons
We use contingent behavior analysis to study the effects of pfiesteria-related fish kills on the demand for seafood in the Mid-Atlantic region. We estimate a set of demand difference models based on individual responses to questions about seafood consumption in the presence of fish kills and with different amounts of information provided about health risks. We use a random-effects Tobit model to control for correlation across each observation and to account for censoring. We find that (i) pfiesteria-related fish kills have a significant negative effect on the demand for seafood even though the fish kills pose no known threat to …
Estimation And Welfare Analysis With Large Demand Systems, Roger Von Haefen, Daniel Phaneuf, George R. Parsons
Dec 2003
Estimation And Welfare Analysis With Large Demand Systems, Roger Von Haefen, Daniel Phaneuf, George R. Parsons
George Parsons
We develop an approach for estimating individual or household level preferences for a large set of quality-differentiated goods and for constructing Hicksian welfare measures within the demand system framework. Our approach uses a maximum simulated likelihood procedure to recover estimates of the structural parameters and a multistage, Monte Carlo Markov chain algorithm for constructing Hicksian consumer surplus estimates. We illustrate our approach with a recreation dataset consisting of day trips to 62 Mid-Atlantic beaches.
Effects Of Regulations On Expected Catch, Expected Harvest, And Site Choice Of Recreational Anglers, David Scrogin, Kevin Boyle, George R. Parsons, Andrew J. Plantinga
Dec 2003
Effects Of Regulations On Expected Catch, Expected Harvest, And Site Choice Of Recreational Anglers, David Scrogin, Kevin Boyle, George R. Parsons, Andrew J. Plantinga
George Parsons
No abstract provided.
A Value Capture Property Tax For Financing Beach Nourishment Projects: An Application To Delaware's Ocean Beaches, George R. Parsons, Joelle Noailly
Dec 2003
A Value Capture Property Tax For Financing Beach Nourishment Projects: An Application To Delaware's Ocean Beaches, George R. Parsons, Joelle Noailly
George Parsons
We propose and apply a value capture property tax for financing beach nourishment projects. Our application is to beaches in the state of Delaware. Using a hedonic price function we estimate the implicit value ofproximity to the beach. Using these results we then infer a property tax schedule that taxes homeowners roughly in proportion to the benefits they receive from the projects. We argue that the tax is equitable in the sense that tax burden and project benefits are aligned. We argue that it is efficient in the sense that homeowners face the real cost ofmaintaining beaches that protect and …
The Travel Cost Model, George R. Parsons
Dec 2002
The Travel Cost Model, George R. Parsons
George Parsons
No abstract provided.
Measuring The Cost Of Beach Retreat, George R. Parsons, Michael Powell
Dec 2000
Measuring The Cost Of Beach Retreat, George R. Parsons, Michael Powell
George Parsons
We estimate the cost over the next 50 years of allowing Delaware’s ocean beaches to retreat inland. Since most of the costs are expected to be land and capital loss, especially in housing, we focus our attention on measuring t hat value. We use a hedonic price regressi on to estimate the value of land and structures in the region using a dat a set on recent housing sales. Then, using historical rat es of erosion along the coast and an inventory of all housing and commercial structures in the threatened coastal area, we predict the value of the land …
The Effect Of Nesting Structure Specification On Welfare Estimation In A Random Utility Model Of Recreation Demand: An Application To The Demand For Recreational Fishing, George R. Parsons, A Brett Hauber
Jul 2000
The Effect Of Nesting Structure Specification On Welfare Estimation In A Random Utility Model Of Recreation Demand: An Application To The Demand For Recreational Fishing, George R. Parsons, A Brett Hauber
George Parsons
No abstract provided.
A Comparison Of Welfare Estimates From Four Models For Linking Seasonal Recreational Trips To Multinomial Models Of Site Choice, George R. Parsons, Ted Tomasi, Paul Jakus
Dec 1998
A Comparison Of Welfare Estimates From Four Models For Linking Seasonal Recreational Trips To Multinomial Models Of Site Choice, George R. Parsons, Ted Tomasi, Paul Jakus
George Parsons
We compare four methods of linking a site choice Random Utility Model to a seasonal trip model. The four approaches are those proposed by Morey et al. 1993, Hausman et al. 1995, Parsons and Kealy 1995, and Feather et al. 1995. We estimate the alternative models using a common data set and calculate a change in welfare for two policy scenarios across the models. We find that there is little practical difference between the approaches of Morey et al. and Hausman et al. They are nearly the same mathematically, and the welfare estimates in our empirical example are quite close. …
Familiar And Favorite Sites In A Random Utility Model Of Beach Recreation, George R. Parsons, Daniel Mathew Massey, Ted Tomasi
Dec 1998
Familiar And Favorite Sites In A Random Utility Model Of Beach Recreation, George R. Parsons, Daniel Mathew Massey, Ted Tomasi
George Parsons
No abstract provided.
Spatial Boundaries And Choice Set Definition In A Random Utility Model Of Recreation Demand, George R. Parsons, A Brett Hauber
Jan 1998
Spatial Boundaries And Choice Set Definition In A Random Utility Model Of Recreation Demand, George R. Parsons, A Brett Hauber
George Parsons
We are concerned with the definition of choice set used in Random Utility Models of recreation demand. In particular, we are concerned with the spatial boundaries used to define choice sets. In this paper, using a model of day-trip fishing in Maine, we examine the sensitivity of parameter and welfare estimates to changes in the spatial boundary. We fine that there exists some threshold distance beyond which adding more sites to the choice set has negligible effects on the estimation results.
Randomly Drawn Opportunity Sets In A Random Utility Model Of Lake Recreation, George R. Parsons, Mary Jo Kealy
Jan 1992
Randomly Drawn Opportunity Sets In A Random Utility Model Of Lake Recreation, George R. Parsons, Mary Jo Kealy
George Parsons
No abstract provided.
Benefits Transfer: Conceptual Problems In Estimating Water Quality Benefits Using Existing Studies, William H. Desvouges, Michael C. Naughton, George R. Parsons
Dec 1991
Benefits Transfer: Conceptual Problems In Estimating Water Quality Benefits Using Existing Studies, William H. Desvouges, Michael C. Naughton, George R. Parsons
George Parsons
The Environmental Protection Agency has used existing studies to estimate the benefits of environmental improvements associated with several regulatory proposals. The problems encountered in using existing studies to measure the benefits of water quality improvements are investigated in this paper. We propose criteria for selecting transfer studies and present a case study of a transfer. Our research indicates that although benefit transfer may offer promise, the fact that existing studies were not designed for transfer places severe limitations on the current effectiveness of transfer. Suggestions for future research are presented to address these limitations.
An Almost Ideal Demand System For Housing Attributes, George R. Parsons
Sep 1986
An Almost Ideal Demand System For Housing Attributes, George R. Parsons
George Parsons
No abstract provided.
