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

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1571-487X ation noise in maximum simulated likelihood estimates, to dynamic natural resource modeling. Empirical cases are used to show the practical use and the results brought forth by the different methods..978-90-481-6930-6978-1-4020-3684-2Series ISSN 1571-487X

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Discrete Choice Models in Preference Space and Willingness-to-Pay Space,ce space fit the data better but provide less reasonable distributions of . than the models in . space. Our findings suggests that further work is needed to identify distributions that either fit better when applied in . space or imply more reasonable distributions of . when applied in preference sp