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Microbehavioral Econometric Methods

S. Niggol Seo

in Elsevier Monographs from Elsevier, currently edited by Candice Janco

Abstract: Microbehavioral Econometric Methods and Environmental Studies uses microeconometric methods to model the behavior of individuals, then demonstrates the modelling approaches in addressing policy needs. It links theory and methods with applications, and it incorporates data to connect individual choices and global environmental issues. This extension of traditional environmental economics presents modeling strategies and methodological techniques, then applies them to hands-on examples.Throughout the book, readers can access chapter summaries, problem sets, multiple household survey data with regard to agricultural and natural resources in Sub-Saharan Africa, South America, and India, and empirical results and solutions from the SAS software. Emphasizes ways that choices and outcomes are modelled simultaneously Illuminates relationships between micro decisions and global environmental systems Uses software and cases in analyzing environmental policy issues Links microeconomic models to applications in environmental economics and thereby connects individual choices with global environmental issues

Keywords: adaptations; agricultural systems; agriculture; agriculture and natural resources; attitudes; bubble; choices; complex structure; conditional land values; ecosystem changes; energy; environment; environmental and natural resources; extremes; fat tails; financial markets; futures; global warming; household surveys; insurance; microbehavioral decisions; microbehavioral models; microeconometrics; mixed Logit; Monte Carlo experiments; multinomial choice models; natural resource enterprises; natural resources; panel data; policy modeling; psychology; Ricardian model; risk; selection bias; South America; spatial models; speculation; sunk cost; uncertainties (search for similar items in EconPapers)
Date: 2016 Originally published 2016-06-07.
Edition: 1
ISBN: 978-0-12-804136-9
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