INCREASING AT AN INCREASING RATE: THE POTENTIAL CONVEXITY OF DISCRETE-CHOICE WELFARE MEASURES

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dc.creatorLupi, Frank
dc.date2017-04-01T19:24:09Z
dc.date.accessioned2026-07-09T03:33:33Z
dc.descriptionWhen environmental quality enters random utility models linearly, welfare measures are convex in quality. The convexity is partly due to site substitution, and it has policy implications for whether changes in quality should be concentrated or diffuse. These functional form effects are illustrated in a model of Great Lakes fishing.
dc.identifierdoi:10.22004/ag.econ.20970
dc.identifierhttps://ageconsearch.umn.edu/record/20970/files/splupi01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/20970
dc.identifier.urihttp://hdl.handle.net/123456789/535127
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/20970
dc.titleINCREASING AT AN INCREASING RATE: THE POTENTIAL CONVEXITY OF DISCRETE-CHOICE WELFARE MEASURES
dc.typeText

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