RATIONED ACCESS AND WELFARE: CASE OF PUBLIC RESOURCE LOTTERIES

David Scrogin and Robert Berrens

No 20472, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

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.

Keywords: Public; Economics (search for similar items in EconPapers)
Pages: 29
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20472

DOI: 10.22004/ag.econ.20472

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