383 research outputs found
Estimation and Welfare Calculations in a Generalized Corner Solution Model with an Application to Recreation Demand
The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the literature and little attention has been paid to the problems of welfare analysis within the Kuhn-Tucker framework. This paper provides an application of the model to the problem of recreation demand. In addition, we develop and apply a methodology for estimating compensating variation, relying on Monte Carlo integration to derive expected welfare changes.
What's the Use? Welfare Estimates from Revealed Preference Models when Weak Complementarity Does Not Hold
In this paper we consider the theoretical and empirical ramifications of welfare measurement in revealed preference models when weak complementarity does not hold. In the context of a Kuhn-Tucker model of recreation demand we show that, while it is possible to estimate preferences that do not appear to exhibit weak complementarity, the calculation of welfare measurements from these models requires a cardinal interpretation of preferences that cannot be tested. Furthermore, we reiterate the under-appreciated fact that even traditional use value estimates require a cardinal restriction on preferences that, while often intuitive, also cannot be tested. We demonstrate empirically that the choice of restrictions can have significant ramifications, as use value estimates can vary widely based on the assumed preference structure.
Photoionization of tungsten ions: experiment and theory for W
Experimental and theoretical results are reported for single-photon single
ionization of the tungsten ion W. Absolute cross sections have been
measured employing the photon-ion merged-beams setup at the Advanced Light
Source in Berkeley. Detailed photon-energy scans were performed at 200~meV
bandwidth in the 40 -- 105~eV range. Theoretical results have been obtained
from a Dirac-Coulomb R-matrix approach employing basis sets of 730 levels for
the photoionization of W. Calculations were carried out for the
, =2, ground level and the
associated fine-structure levels with =3 and 4 for the W ions. In
addition, cross sections have been calculated for the metastable levels
. Very satisfying agreement of theory and experiment is
found for the photoionization cross section of W which is remarkable
given the complexity of the electronic structure of tungsten ions in low charge
states.Comment: 15 pages, 3 figures, to appear in the Journal of Physics B: Atomic,
Molecular and Optical Physic
Estimation and Welfare Calculation in a Generalized Corner Solution Model with an Application to Recreation Demand
The Kuhn-Tucker model of Wales and Woodland (1983) provides a utility theoretic framework for estimating preferences over commodities for which individuals choose not to consume one or more of the goods. Due to the complexity of the model, however, there have been few applications in the literature and little attention has been paid to the problems of welfare analysis within the Kuhn-Tucker framework. This paper provides an application of the model to the problem of recreation demand. In addition, we develop and apply a methodology for estimating compensating variation, relying on Monte Carlo integration to derive expected welfare changes
Recommended from our members
Pangenome reconstruction of Lactobacillaceae metabolism predicts species-specific metabolic traits.
Strains across the Lactobacillaceae family form the basis for a trillion-dollar industry. Our understanding of the genomic basis for their key traits is fragmented, however, including the metabolism that is foundational to their industrial uses. Pangenome analysis of publicly available Lactobacillaceae genomes allowed us to generate genome-scale metabolic network reconstructions for 26 species of industrial importance. Their manual curation led to more than 75,000 gene-protein-reaction associations that were deployed to generate 2,446 genome-scale metabolic models. Cross-referencing genomes and known metabolic traits allowed for manual metabolic network curation and validation of the metabolic models. As a result, we provide the first pangenomic basis for metabolism in the Lactobacillaceae family and a collection of predictive computational metabolic models that enable a variety of practical uses.IMPORTANCELactobacillaceae, a bacterial family foundational to a trillion-dollar industry, is increasingly relevant to biosustainability initiatives. Our study, leveraging approximately 2,400 genome sequences, provides a pangenomic analysis of Lactobacillaceae metabolism, creating over 2,400 curated and validated genome-scale models (GEMs). These GEMs successfully predict (i) unique, species-specific metabolic reactions; (ii) niche-enriched reactions that increase organism fitness; (iii) essential media components, offering insights into the global amino acid essentiality of Lactobacillaceae; and (iv) fermentation capabilities across the family, shedding light on the metabolic basis of Lactobacillaceae-based commercial products. This quantitative understanding of Lactobacillaceae metabolic properties and their genomic basis will have profound implications for the food industry and biosustainability, offering new insights and tools for strain selection and manipulation
Single-photon single ionization of W ions: experiment and theory
Experimental and theoretical results are reported for photoionization of
Ta-like (W) tungsten ions. Absolute cross sections were measured in the
energy range 16 to 245 eV employing the photon-ion merged-beam setup at the
Advanced Light Source in Berkeley. Detailed photon-energy scans at 100 meV
bandwidth were performed in the 16 to 108 eV range. In addition, the cross
section was scanned at 50 meV resolution in regions where fine resonance
structures could be observed. Theoretical results were obtained from a
Dirac-Coulomb R-matrix approach. Photoionization cross section calculations
were performed for singly ionized atomic tungsten ions in their , =1/2, ground level and the associated
excited metastable levels with =3/2, 5/2, 7/2 and 9/2. Since the ion beams
used in the experiments must be expected to contain long-lived excited states
also from excited configurations, additional cross-section calculations were
performed for the second-lowest term, 5d^5 \; ^6{\rm S}_{J}, =5/2, and for
the F term, 5d^3 6s^2 \; ^4{\rm F}_{J}, with = 3/2, 5/2, 7/2 and 9/2.
Given the complexity of the electronic structure of W the calculations
reproduce the main features of the experimental cross section quite well.Comment: 23 pages, 7 figures, 1 table: Accepted for publication in J. Phys. B:
At. Mol. & Opt. Phy
Recommended from our members
Valuing improvements in the ecological integrity of local and regional waters using the biological condition gradient
Scientific knowledge related to quantifying the monetized benefits for landscape-wide water quality improvements does not meet current regulatory and benefit–cost analysis needs in the United States. In this study we addressed this knowledge gap by incorporating the Biological Condition Gradient (BCG) as a water quality metric into a stated preference survey capable of estimating the total economic value (use and nonuse) for aquatic ecosystem improvements. The BCG is grounded in ecological principles and generalizable and transferable across space. Moreover, as the BCG translates available data on biological condition into a score on a 6-point scale, it provides a simple metric that can be readily communicated to the public. We applied our BCG-based survey instrument to households across the Upper Mississippi, Ohio, and Tennessee river basins and report values for a range of potential improvements that vary by location, spatial scale, and the scope of the water quality change. We found that people are willing to pay twice as much for an improvement policy that targets their home watershed (defined as a four-digit hydrologic unit) versus a more distant one. We also found that extending the spatial scale of a local policy beyond the home watershed does not generate additional benefits to the household. Finally, our results suggest that nonuse sources of value (e.g., bequest value, intrinsic aesthetic value) are an important component of overall benefits
- …