Kuhn-Tucker Demand System Approaches to Non-Market Valuation
Kuhn-Tucker Demand System Approaches to Non-Market Valuation
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库恩-塔克需求系统非市场估值方法
DOI：
10.1007/1-4020-3684-1_8
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发表时间：
2005
期刊：
影响因子：
--
通讯作者：
D. Phaneuf
中科院分区：
文献类型：
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作者：
R. H. Haefen;D. Phaneuf
在本章中，我们总结了库恩-塔克需求系统方法在非市场估值方面的最新进展。在过去的五年中，基于模拟的估计和福利计算策略已经开发出来，使库恩-塔克框架，以解决政策相关的估值问题的应用程序与许多质量差异化的商品。我们审查这些建模创新的背景下，三个通用的库恩-塔克规格，不同的能力，以占未观察到的偏好异质性。为了说明，我们应用替代规格加拿大驼鹿狩猎数据和目前的参数和福利估计。最后，我们建议库恩-塔克框架内的未来研究的重要领域的章节。
In this chapter we summarize recent advances with Kuhn-Tucker demand system approaches to non-market valuation. Over the past five years, simulation-based estimation and welfare calculation strategies have been developed that enable the Kuhn-Tucker framework to address policy-relevant valuation questions in applications with many quality-differentiated goods. We review these modeling innovations in the context of three generic Kuhn-Tucker specifications that differ in terms of their ability to account for unobserved preference heterogeneity. For illustration, we apply the alternative specifications to Canadian moose hunting data and present parameter and welfare estimates. We conclude the chapter by suggesting important areas for future research within the Kuhn-Tucker framework.