IDEAS home Printed from https://ideas.repec.org/p/ags/aaea01/20472.html
   My bibliography  Save this paper

Rationed Access And Welfare: Case Of Public Resource Lotteries

Author

Listed:
  • Scrogin, David
  • Berrens, Robert P.

Abstract

Pressures on natural resource stocks and habitats on public lands and waterways are resulting increasingly in the rationing of public access by lottery. Upon accounting for the uncertainties of random rationing, discrete choice models lend themselves to analyzing participation in public resource lotteries and estimating welfare changes. Key to the modeling is the estimation of individual-specific expected access-probabilities. In the application we model the discrete choices of more than 18,000 participants in a lottery system for harvest rights. Welfare estimates are obtained from simulated policy changes affecting individually and jointly the access probability and indirect utility.

Suggested Citation

  • Scrogin, David & Berrens, Robert P., 2001. "Rationed Access And Welfare: Case Of Public Resource Lotteries," 2001 Annual meeting, August 5-8, Chicago, IL 20472, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea01:20472
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/20472
    Download Restriction: no

    References listed on IDEAS

    as
    1. Peter H. Nickerson, 1990. "Demand for the Regulation of Recreation: The Case of Elk and Deer Hunting in Washington State," Land Economics, University of Wisconsin Press, vol. 66(4), pages 437-447.
    2. Kojo M. Akabua & Wiktor L. Adamowicz & William E. Phillips & Peter Trelawny, 1999. "Implications of Realization Uncertainty on Random Utility Models: The Case of Lottery Rationed Hunting," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 47(2), pages 165-179, July.
    3. Buschena, David E. & Anderson, Terry L. & Leonard, Jerry L., 2001. "Valuing Non-Marketed Goods: The Case of Elk Permit Lotteries," Journal of Environmental Economics and Management, Elsevier, vol. 41(1), pages 33-43, January.
    4. Smith, V. Kerry, 2000. "JEEM and Non-market Valuation: 1974-1998," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 351-374, May.
    5. Mumy, Gene E & Hanke, Steve H, 1975. "Public Investment Criteria for Underpriced Public Products," American Economic Review, American Economic Association, vol. 65(4), pages 712-720, September.
    6. Morey, Edward R. & Waldman, Donald M., 1998. "Measurement Error in Recreation Demand Models: The Joint Estimation of Participation, Site Choice, and Site Characteristics," Journal of Environmental Economics and Management, Elsevier, vol. 35(3), pages 262-276, May.
    7. Peter C. Boxall, 1995. "The Economic Value of Lottery-rationed Recreational Hunting," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 43(1), pages 119-131, March.
    8. Smith, V Kerry & Desvousges, William H, 1987. "An Empirical Analysis of the Economic Value of Risk Changes," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 89-114, February.
    9. Edwards, Steven F., 1988. "Option prices for groundwater protection," Journal of Environmental Economics and Management, Elsevier, vol. 15(4), pages 475-487, December.
    10. Scrogin, David & Berrens, Robert P. & Bohara, Alok K., 2000. "Policy Changes And The Demand For Lottery-Rationed Big Game Hunting Licenses," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(02), December.
    11. Ali, Mukhtar M, 1977. "Probability and Utility Estimates for Racetrack Bettors," Journal of Political Economy, University of Chicago Press, vol. 85(4), pages 803-815, August.
    12. Morey, Edward R. & Waldman, Donald M., 2000. "Joint Estimation of Catch and Other Travel-Cost Parameters--Some Further Thoughts," Journal of Environmental Economics and Management, Elsevier, vol. 40(1), pages 82-85, July.
    13. Train, Kenneth & McFadden, Daniel & Johnson, Reed, 2000. "Discussion of Morey and Waldman's "Measurement Error in Recreation Demand Models"," Journal of Environmental Economics and Management, Elsevier, vol. 40(1), pages 76-81, July.
    14. Hey, John D & Orme, Chris, 1994. "Investigating Generalizations of Expected Utility Theory Using Experimental Data," Econometrica, Econometric Society, vol. 62(6), pages 1291-1326, November.
    15. George R. Parsons & Mary Jo Kealy, 1992. "Randomly Drawn Opportunity Sets in a Random Utility Model of Lake Recreation," Land Economics, University of Wisconsin Press, vol. 68(1), pages 93-106.
    16. Boyce, John R, 1994. "Allocation of Goods by Lottery," Economic Inquiry, Western Economic Association International, vol. 32(3), pages 457-476, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Public Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea01:20472. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.