Welfare Losses Due to Livestock Grazing on Public Lands: A Count Data Systemwide Treatment |
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| Authors: | J Scott Shonkwiler Jeffrey Englin |
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| Institution: | J. Scott Shonkwiler is professor and Jeffrey Englin is professor and chair, Resource Economics Department, University of Nevada, Reno, Nevada. |
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| Abstract: | Backcountry hikers' willingness-to-pay for removing grazing from trails in the Hoover Wilderness is analyzed using a multinomial Dirichlet negative binomial distribution. This multivariate discrete distribution allows the direct calculation of seasonal welfare measures that are derived from an incomplete demand specification. The welfare maximizing choice of activities is examined on a trail-by-trail basis using the results of the analysis. Our findings suggest that a mix of hiking and grazing activities provide the greatest social welfare. |
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| Keywords: | grazing incomplete demand system multinomial Dirichlet multivariate counts negative binomial public lands |
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