Eco-env-milestone, one, two and three.
JamboNew: Eco-env-Milestone one and TWO.
2-2 Final Project Milestone One: Econometric Model Selection
Note; FOUR PAGES
Submit a report of the topic you have chosen and the data available to conduct a review of this topic. In your introduction, describe what guides the selection of appropriate econometric models in studies of interactions between environmental and economic variables. Specifically discuss the economic situation, theory, identified needs, and application of models to address the problem. In addition, briefly describe data collection techniques for analyzing the market, stated preference, and revealed preference techniques. This introduction should be general in nature, but appropriate for both technical and non-technical audiences
4-2 Final Project Milestone Two: Identification of Impact
Note; FOUR PAGES
Submit a report addressing the identification of impacts. Use the data to calculate coefficients and to quantify relationships. Conduct an analysis of variance and provide the reader with a basic image and your analysis of the data. From a technical perspective (assume an audience of fellow economists and natural resource practitioners), describe the analyses, the limitations, and whether the analyses could be improved with additional data, different specification of question, and so on for the following types of studies that you previously performed:
· Market
· Revealed preference
· Stated preference
Describe alternative techniques that could be used to estimate the same kinds of impacts. For the alternative techniques, discuss how analyses from multiple perspectives provide better information to a decision maker. Are there consistent or inconsistent aspects of the studies? For additional details, please refer to the Final Project Document and the Milestone Two Rubric document in the Assignment Guidelines and Rubrics section of the course
6-2 Final Project Milestone Three: Reporting Results
Note; FOUR PAGES
Relay the results of the market, stated preference, and revealed preference studies that you have examined during this course. Consider an audience of varying status-level decision makers while writing your report. Provide any background that a non-economist would need in order to understand the implications of the results for each of the studies (market, stated preference, and revealed preference). For additional details, please refer to the Final Project Document and the Milestone Three Rubric document in the Assignment Guidelines and Rubrics section of the course.