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Modelización semiparamétrica y validación teórica del método de valoración contingente. Aplicación de un algoritmo genético

  • Marcos Alvarez Díaz

    (Universidad de Vigo)

  • Manuel González Gómez

    (Universidad de Vigo)

Registered author(s):

    En este trabajo aplicamos una novedosa técnica capaz de modelizar y predecir la disposición a pagar de un visitante por mantener el actual nivel de protección de tres islas del Parque Nacional de las Illas Atlánticas de Galicia (en concreto, las conocidas como Islas Cíes). El procedimiento, denominado Algoritmo Genético o Evolutivo, está inspirado en la genética y en las teorías darwinianas de supervivencia y selección natural. Los resultados obtenidos se comparan con las técnicas tradicionales tanto en términos de porcentajes de aciertos como en términos de las variables finalmente seleccionadas. Classification-JEL : C14, Q26.

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    Article provided by IEF in its journal Hacienda Pública Española/Revista de Economía Pública.

    Volume (Year): 164 (2003)
    Issue (Month): 1 (march)
    Pages: 29-47

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    Handle: RePEc:hpe:journl:y:2003:v:164:i:1:p:29-47
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    1. Bengt Kristrom, 1990. "A Non-Parametric Approach to the Estimation of Welfare Measures in Discrete Response Valuation Studies," Land Economics, University of Wisconsin Press, vol. 66(2), pages 135-139.
    2. Salvador Del Saz-Salazar & Leandro Garcia-Menendez, 2001. "Willingness to Pay for Environmental Improvements in a Large City Evidence from The Spike Model and From a Non-Parametric Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 20(2), pages 103-112, October.
    3. Pesaran, M Hashem & Timmermann, Allan, 1992. "A Simple Nonparametric Test of Predictive Performance," Journal of Business & Economic Statistics, American Statistical Association, vol. 10(4), pages 561-65, October.
    4. M. A. Kaboudan, 2000. "Genetic Programming Prediction of Stock Prices," Computational Economics, Society for Computational Economics, vol. 16(3), pages 207-236, December.
    5. Neely, Christopher & Weller, Paul & Dittmar, Rob, 1997. "Is Technical Analysis in the Foreign Exchange Market Profitable? A Genetic Programming Approach," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 32(04), pages 405-426, December.
    6. Creel, Michael, 1998. "A Note on Consistent Estimation of Mean WTP Using a Misspecified Logit Contingent Valuation Model," Journal of Environmental Economics and Management, Elsevier, vol. 35(3), pages 277-284, May.
    7. Allen, Franklin & Karjalainen, Risto, 1999. "Using genetic algorithms to find technical trading rules," Journal of Financial Economics, Elsevier, vol. 51(2), pages 245-271, February.
    8. Creel, Michael & Loomis, John, 1997. "Semi-nonparametric Distribution-Free Dichotomous Choice Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 32(3), pages 341-358, March.
    9. Bengt Kriström, 1993. "Comparing continuous and discrete contingent valuation questions," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(1), pages 63-71, February.
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