Bootstrapping Your Fish or Fishing for Bootstraps? Precision of Welfare Loss Estimates from a Globally Concave Inverse Demand Model of Commercial Fish Landings in the U.S. Great Lakes
扩展了Holt和Bishop的逆需求函数,通过自举法、子样本自举法和子样本刀切法估计美国五大湖商业捕捞量减少导致的弹性与消费者福利损失估计的精度。
We extend Holt and Bishop's (2002) normalized quadratic inverse demand function by obtaining measures of precision of elasticities and consumer welfare loss estimates due to reductions in commercial landings in the U.S. Great Lakes. Even with curvature constraints imposed, confidence intervals are obtained by using the bootstrap, subsample bootstrap, and subsample jackknife.