Estimating the Precision of Welfare Measures

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Abstract
Three methods for constructing standard errors of welfare estimates have been employed in the recreation demand literature: a Taylor's series approximation, the bootstrap, and a method proposed by Krinsky and Robb. This paper presents the results of a simulation experiment designed to examine the accuracy of these methods. (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.)

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