2006
DOI: 10.1016/j.ecolecon.2005.07.006
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A Box-Cox Double-Hurdle model of wildlife valuation: The citizen's perspective

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Cited by 92 publications
(73 citation statements)
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“…Thus we used the double-hurdle model proposed by Cragg (1971) in which the event of a farmer being a potential adopter and the intensity of adoption are treated separately. Furthermore, empirical results by both Moffatt (2003) and Martínez-Espiñeira (2006) reveal that the double-hurdle model gives results superior to those obtained from Tobit and P-Tobit models.…”
Section: Conceptual Analytical Framework and Estimation Techniquesmentioning
confidence: 96%
“…Thus we used the double-hurdle model proposed by Cragg (1971) in which the event of a farmer being a potential adopter and the intensity of adoption are treated separately. Furthermore, empirical results by both Moffatt (2003) and Martínez-Espiñeira (2006) reveal that the double-hurdle model gives results superior to those obtained from Tobit and P-Tobit models.…”
Section: Conceptual Analytical Framework and Estimation Techniquesmentioning
confidence: 96%
“…While evaluation of wildlife in terms of the cost of a given species (to replace) and how people value wildlife aesthetically is an important discipline (Costanza, 1993;Costanza et al 1997;Efroymson et al 2008;Nielsen et al 2007), other characteristics of the ecosystem itself are often ignored. Contingent valuation is used for the former (Chambers & Whitehead, 2003;Diamond & Hausman, 1994;Mitchell & Carson, 1989), while examining preferences for the latter is an approach often used (Martinez-Espineira, 2006).…”
Section: Evaluationsmentioning
confidence: 99%
“…The double hurdle model originally proposed by Cragg (1971) in addition to its assumption that the two decision tiers are not necessarily affected by the same set of factors, is a remedy to the problem of corner solution arising in the Tobit model, and has been extensively in use in several studies (Mignouna et al, 2011;Yu and Ninpratt, 2014;Martínez-Espiñeira, 2006;Moffat, 2003;Newman et al, 2001;Burton et al, 1996).…”
Section: Model Specificationmentioning
confidence: 99%