The standard deviation of the noise was \(1\,\mathrm {\upmu A}\) and roughly corresponded to three orders of magnitude below the maximum input signal. As can be seen from the simulation in the second and third column of Fig. 6, the noise has very different effects in the p-space ...
When the control function is included, the coefficient on the user cost rises in magnitude by a factor of 10. MWTP estimates derived from the primitives of the model are shown in Table 8. The simplest model shows very high MWTP estimates for housing characteristics - $3,275 per year for...