Scientific Calendar Event



Starts 20 Jul 2004 15:30
Ends 20 Jul 2004 20:00
Central European Time
ICTP
Adriatico Guest House-LL-A
Strada Costiera, 11 I - 34151 Trieste (Italy)
The paper to be presented examines the estimation of welfare measures for a recreation site using a travel cost model with different functional forms for censored and truncated data. The estimations include lineal and semi-log functional forms as well as discrete and continuos probability distribution functions. The results show that consumer surplus is highly sensitive to functional forms, probability distribution function, and type of sampling chosen.
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