23 research outputs found
A HEDONIC ANALYSIS OF PRIVATE HUNTING LAND ATTRIBUTES USING AN ALTERNATIVE FUNCTIONAL FORM
A hedonic framework is used to analyze selected attributes of Louisiana deer hunting leases that are hypothesized to be significant contributors to lease value. The flexible Box-Cox functional form is used in contrast to the often utilized linear regression specification. Additionally, the hypothesis of regional differences in slope coefficients of lease attributes is addressed. Results indicate that hunters in the two analyzed regions value lease attributes and services differently.Land Economics/Use,
QUALITY AS A LATENT VARIABLE IN RECREATION ACCESS ANALYSIS
Recreation trends indicating an increasing demand for quality recreation experiences suggest the need for special consideration of quality in analysis of fee access recreation. By viewing quality as a subjective latent variable, this paper uses a simultaneous equation framework to consider the use of subjective versus objective appraisals of quality in fee-based recreation access analysis.Resource /Energy Economics and Policy,
A HEDONIC ANALYSIS OF PRIVATE HUNTING LAND ATTRIBUTES USING AN ALTERNATIVE FUNCTIONAL FORM
A hedonic framework is used to analyze selected attributes of Louisiana deer hunting leases that are hypothesized to be significant contributors to lease value. The flexible Box-Cox functional form is used in contrast to the often utilized linear regression specification. Additionally, the hypothesis of regional differences in slope coefficients of lease attributes is addressed. Results indicate that hunters in the two analyzed regions value lease attributes and services differently
Cost-effectiveness analysis and health care resource allocation: decision rules under variable returns to scale
We argue that health programs are administered in settings that often violate the frequently stated assumption of constant returns to scale in the provision of health services. Three types of returns to scale are identified from the general economic literature: returns to scale with respect to population, effectiveness, and quality. We show that decision rules based on incremental cost-effectiveness ratios or cost-benefit tests are not optimal if returns to scale are not constant. We derive the optimal decision rules under variable returns to scale using optimization techniques, and employ several examples to illustrate the concepts and methods. Published in 2003 by John Wiley & Sons, Ltd.
QUALITY AS A LATENT VARIABLE IN RECREATION ACCESS ANALYSIS
Recreation trends indicating an increasing demand for quality recreation experiences suggest the need for special consideration of quality in analysis of fee access recreation. By viewing quality as a subjective latent variable, this paper uses a simultaneous equation framework to consider the use of subjective versus objective appraisals of quality in fee-based recreation access analysis
Hitting the Optimal Vaccination Percentage and the Risks of Error: Why to Miss Right.
To determine the optimal level of vaccination coverage defined as the level that minimizes total costs and explore how economic results change with marginal changes to this level of coverage.A susceptible-infected-recovered-vaccinated model designed to represent theoretical infectious diseases was created to simulate disease spread. Parameter inputs were defined to include ranges that could represent a variety of possible vaccine-preventable conditions. Costs included vaccine costs and disease costs. Health benefits were quantified as monetized quality adjusted life years lost from disease. Primary outcomes were the number of infected people and the total costs of vaccination. Optimization methods were used to determine population vaccination coverage that achieved a minimum cost given disease and vaccine characteristics. Sensitivity analyses explored the effects of changes in reproductive rates, costs and vaccine efficacies on primary outcomes. Further analysis examined the additional cost incurred if the optimal coverage levels were not achieved.Results indicate that the relationship between vaccine and disease cost is the main driver of the optimal vaccination level. Under a wide range of assumptions, vaccination beyond the optimal level is less expensive compared to vaccination below the optimal level. This observation did not hold when the cost of the vaccine cost becomes approximately equal to the cost of disease.These results suggest that vaccination below the optimal level of coverage is more costly than vaccinating beyond the optimal level. This work helps provide information for assessing the impact of changes in vaccination coverage at a societal level
Survey Response-Related Biases in Contingent Valuation: Concepts, Remedies, and Empirical Application to Valuing Aquatic Plant Management
Sample nonresponse and selection biases that may occur in survey research such as contingent valuation applications are discussed and tested. Correction mechanisms for these types of biases are demonstrated. Results indicate the importance of testing and correcting for unit and item nonresponse bias in contingent valuation survey data. When sample nonresponse and selection bias go uncorrected, welfare measures may be overestimated or underestimated contributing to potential errors in resource policy and management decisions. Copyright 2000, Oxford University Press.
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Prevention of Pertussis, Tetanus, and Diphtheria with Vaccines in the United States: Recommendations of the Advisory Committee on Immunization Practices (ACIP).
This report compiles and summarizes all recommendations from CDC's Advisory Committee on Immunization Practices (ACIP) regarding prevention and control of tetanus, diphtheria, and pertussis in the United States. As a comprehensive summary of previously published recommendations, this report does not contain any new recommendations and replaces all previously published reports and policy notes; it is intended for use by clinicians and public health providers as a resource. ACIP recommends routine vaccination for tetanus, diphtheria, and pertussis. Infants and young children are recommended to receive a 5-dose series of diphtheria and tetanus toxoids and acellular pertussis (DTaP) vaccines, with one adolescent booster dose of tetanus toxoid, reduced diphtheria toxoid, and acellular pertussis (Tdap) vaccine. Adults who have never received Tdap also are recommended to receive a booster dose of Tdap. Women are recommended to receive a dose of Tdap during each pregnancy, which should be administered from 27 through 36 weeks' gestation, regardless of previous receipt of Tdap. After receipt of Tdap, adolescents and adults are recommended to receive a booster tetanus and diphtheria toxoids (Td) vaccine every 10 years to assure ongoing protection against tetanus and diphtheria