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Agricultural and Resource Economics Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Agricultural and Resource Economics
The Uneasy Case For Subsidizing Energy Efficiency, George R. Parsons, Burton A. Abrams
The Uneasy Case For Subsidizing Energy Efficiency, George R. Parsons, Burton A. Abrams
George Parsons
An evaluation of cash for clunkers -- cars and appliances. It does not look good from an efficiency perspective.
Compensatory Restoration In A Random Utility Model Of Recreation Demand, George R. Parsons, Ami K. Kang
Compensatory Restoration In A Random Utility Model Of Recreation Demand, George R. Parsons, Ami K. Kang
George Parsons
Natural Resource Damage Assessment cases often call for compensation in non-monetary or restoration equivalent terms. In this paper we present an approach that uses a conventional economic model, a travel-cost random utility model of site choice, to determine compensatory restoration equivalents for hypothetical beach closures on the Gulf Coast of Texas. Our focus is on closures of beaches on the Padre Island National Seashore and compensation for day-trip users. We use a mixed logit site choice model in our application with revealed preference data. Using the random utility model we identify restoration projects (changes in beach characteristics) that pass a …
Effects Of Information About Invasive Species On Risk Perception And Seafood Demand By Gender And Race, Timothy C. Haab, John C. Whitehead, George R. Parsons, Jamie Price
Effects Of Information About Invasive Species On Risk Perception And Seafood Demand By Gender And Race, Timothy C. Haab, John C. Whitehead, George R. Parsons, Jamie Price
George Parsons
In this paper we consider the effects of negative and positive risk information on perceived seafood risks and seafood consumption by gender and race. The data is from a Mid-Atlantic survey of coastal seafood consumers. We elicit risk perceptions in three risk scenarios with a dichotomous choice with a follow-up question format. We elicit continuous revealed and stated preference seafood consumption in nine risk and price scenarios. Analysis in four gender and race categories indicates that demographic groups respond to the positive and negative information in different ways. Communication of risk information as risk mitigation policy is a challenge.
Measuring The Recreational Use Value Of Migratory Shorebirds: A Stated Preference Study Of Birdwatching On The Delaware Bay, Kelley H. Myers, George R. Parsons, Peter E T Edwards
Measuring The Recreational Use Value Of Migratory Shorebirds: A Stated Preference Study Of Birdwatching On The Delaware Bay, Kelley H. Myers, George R. Parsons, Peter E T Edwards
George Parsons
In this article we estimate the recreational use value of household trips to view shorebirds during the annual horseshoe crab/shorebird migration on the Delaware Bay. We use contingent valuation to estimate the value of day and overnight trips separately and use a discrete choice question followed by a payment-card question to generate our valuation data. Our best estimates for the value of a day trip is about $66 - $90/household and for an overnight trip is about $200 - $425/household (2008$). Our data are from the 2008 season, and our average household size is 1.66. For some context, estimates from …