Rationed Access and Welfare: The Case of Public Resource Lotteries
研究了公共土地和水域通过抽签配给准入时，如何利用离散选择模型评估参与者福利变化，并以新墨西哥州麋鹿狩猎权抽签为例，模拟政策变动对准入概率和间接效用的影响。
<i>Pressures 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 valuing lotteryrationed rights is accounting for changes in access probabilities that result from policy changes. The empirical application models the discrete choices of more than 18,000 participants in a New Mexico lottery system for elk harvest rights. Welfare estimates are obtained from simulated policy changes that affect, individually and jointly, the access probability and indirect utility.</i>