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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2023.
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Tag Archives: heteroscedasticity
Precision in the Zonal Travel Cost Method – A Case Study
Zonal travel cost studies often rely on very small datasets. Conventional estimates of precision are unreliable in those circumstances. Originally posted 19/6/2015. Re-posted following site reorganisation 21/6/2016. The zonal travel cost method (ZTCM) for estimating the use value of recreational … Continue reading
Posted in Recreation
Tagged heteroscedasticity, small sample size, zonal travel cost method
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