In the current issue of Environmental and Resource Economics, Morey et al. (2006) discuss a new approach to using attitudinal data in latent class modeling. We compare this approach with the one taken in Boxall and Adamowicz (2002), in the context of a discrete choice, random utility framework...

If manufacturing a safer cigarette is technically possible-an open question-then mandating that tobacco manufacturers improve the safety of cigarettes would likely have both positive and negative implications for the nation's health. On the one hand, removing toxins may reduce the incidence of...

This article investigates the value of reducing non-point-source pollution in Green Bay, Wisconsin. Using stated preference methods, we find the lower bound on the benefits of reducing runoff enough to universally increase water clarity by 4 ft is greater than $10 million annually. Using a...