This week I prepared another example to teach economic modelling. Fisheries play a minor role in the economy of Germany,…
Teaching Resource Economics: introduction to Economic Modelling & Mining example
This semester I am teaching some lectures on Economic Modelling at the University of Kiel. The end goal of this…
Non-parametric estimation of mean WTP and its variance: results from Ahtiainen (2007)
One of the best references to learn how to calculate non-parametric mean WTP and its variance is Bateman et al.…
Multiple imputation by chained equations (MICE) in environmental economics
We, economists, are not strangers to missing data and imputation. Because economics is a social science, we extract data from…
Sentiment Analysis of COP27 reactions in the newspaper media
As part of our environmental economics course this semester, I decided to dedicate a class to talk about the COP27…
Designing an experiment design with the idefix package: the parameter values (1)
To the best of my knowledge, there are three ways of designing choice experiments in R: full factorial designs developed…
Designing an experiment design with the support.CEs package: comparing designs (2)
Today I will follow up on designing choice experiments using R by exploring further the support.CEs package develoepd by Aizaki…
Change in consumer surplus in R
I want to share a short code to calculate change in consumer surplus in R after a regression. I will…
Power Calculations for Count Data
I have been deep into count data modelling in the past few months and writing some papers on analysis of…
Designing an experiment design with the support.CEs package: the first design (1)
Many of us apply discrete choice experiments (CE) to value non-market amenities. A crucial part of implementing a choice experiment…