Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements

Edna T. Loehman; Vo Hu De

doi:10.2307/1925946

August 1, 1982The Review of Economics and Statistics

Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements

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Key Points

This research aims to evaluate the effectiveness of stochastic choice modeling in analyzing policy impacts on public goods, specifically air quality improvements.
Application of stochastic choice modeling techniques
Analysis focused on air quality as a public good
Policy evaluation through economic assessment
Demonstrated significant correlation between policy measures and air quality improvements.
Modeling effectively captured public preferences and trade-offs in air quality policy.
Findings suggest that stochastic methods can enhance the evaluation of public good policies.

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Abstract

Edna Loehman, Vo Hu De, Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements, The Review of Economics and Statistics, Vol. 64, No. 3 (Aug., 1982), pp. 474-480

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Loehman et al. (1982) studied this question.

synapsesocial.com/papers/6a127b113759512844349022 https://doi.org/10.2307/1925946

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Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements

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Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements

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