This paper uses data from a nationwide survey administered during late 2009 and early 2010 to estimate a random utility model of household preferences for broadband Internet service. Reliability and speed are important service characteristics: the representative household is willing to pay $20...

We propose a simple method for estimating cost functions in the presence of endogenous and unobserved quality. The theory of production, the equilibrium conditions implied by optimizing behavior, and exogenous influences on product demand are used to identify the model. An important advantage of...

We propose a simple method for estimating cost functions in the presence of endogenous and unobserved quality. The theory of production, the equilibrium conditions implied by optimizing behavior, and exogenous influences on product demand are used to identify the model. An important advantage of...

The paper did not originally have an abstract. It explores the robustness of hedonic pricing estimation, focusing on four areas: 1) variable selection and treatment, 2) measurement error, 3) functional form, and 4) error distribution. The paper offers insights to guide the future conduct of...

This paper did not have an abstract at publication. However, it shows that retirees move, as expected in the Roback model, to where amenities are largely capitalized into labor markets. To examine the extent that spurious correlations might be responsible, the mobility of the non-retired workers...

This study uses survey data from 2003 to empirically assess United States residential demand for Internet access. Econometric results indicate that service reliability, speed, and the ability to share music and video files are highly valued Internet access attributes. The latter finding suggests...

This paper presents an analysis of benefits to private drinking water well users from regulatory changes for concentrated animal feeding operations (CAFOs). Combining a statistical model of groundwater quality with benefit estimates based on values available from the literature, we develop...