Open AccessSIMULATING COST‐EFFECTIVE WETLANDS RESERVES: A COMPARISON OF POSITIVE AND NORMATIVE APPROACHES
Author(s) -
Parks Peter J.,
Kramer Randall A.,
Heimlich Ralph E.
Publication year - 1995
Publication title -
natural resource modeling
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.28
H-Index - 32
eISSN - 1939-7445
pISSN - 0890-8575
DOI - 10.1111/j.1939-7445.1995.tb00298.x
Subject(s) - normative , yield (engineering) , government (linguistics) , normative model of decision making , wetland , conceptual model , environmental economics , empirical research , public economics , economics , computer science , environmental resource management , ecology , mathematics , political science , statistics , database , biology , law , metallurgy , linguistics , philosophy , materials science
A conceptual model of farmer behavior is used to develop analytical expressions for the costs of wetland policies in the United States. An empirical study based on the model compares normative and positive cost estimates for accomplishing a specific policy and shows that these two modeling strategies yield very different cost estimates from the same basic data. Because models such as these are frequently used to support budget requests for government programs, the choice of modeling strategy can influence whether program goals can be accomplished with the funds requested.