You are here: Home
/ Publication Information
Title: Modeling nonlinear preferences
Author: Dennis, Donald F.
Source: In: Todd, Sharon, comp., ed. 2002. Proceedings of the 2001 Northeastern Recreation Research Symposium. Gen. Tech. Rep. NE-289. Newtown Square, PA: U.S. Department of Agriculture, Forest Service, Northeastern Research Station. 275-278.
Description: Economic theory, as well as intuition, supports the notion of increasing or decreasing marginal rates of substitution. That is, the marginal benefit derived from an increase in a desired good or service, or one's willingness to accept tradeoffs among various costs or' benefits, depends on the current mix or allocation. However, due to widespread availability and ease of use, linear models are frequently used to model preference structure for environmental goods or services. This paper presents an approach for estimating nonlinear effects and contrasts the results with those of linear models. The effects on the optimal choice in multiattribute decisions and acceptability of tradeoffs among costs and benefits are highlighted.
View or Print this Publication (284 KB)
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
- This publication may be available in hard copy. Check the Northern Research Station web site to request a printed copy of this publication.
- Our on-line publications are scanned and captured using Adobe Acrobat. During the capture process some typographical errors may occur. Please contact Sharon Hobrla, email@example.com if you notice any errors which make this publication unusable.
Dennis, Donald F. 2002. Modeling nonlinear preferences. In: Todd, Sharon, comp., ed. 2002. Proceedings of the 2001 Northeastern Recreation Research Symposium. Gen. Tech. Rep. NE-289. Newtown Square, PA: U.S. Department of Agriculture, Forest Service, Northeastern Research Station. 275-278.
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility