En este artículo se analiza la demanda urbana de agua en alta a partir de datos mensuales de 42 municipios situados en la cuenca del Segura, para el período 2000-2006. La estimación econométrica realizada permite afirmar que el precio, la renta y la población son las variables que mayor...

En una economía de mercado, los distintos bienes económicos tratan de gestionarse buscando la máxima eficiencia, sobre todo para los propietarios. La gestión colectiva se aplica en el caso de algunos bienes con características específicas, tales como la dificultad de su divisibilidad y...

My purpose here is to provide a non-technical introduction to the economics of climate change. I will sketch the scientific background and uncertainties, survey the results of existing studies of the impacts of climate change, present a summary of a study of efficient policies to slow global...

Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. The evolution of water markets has been more complicated than those for other resources. In this paper, we first explain these differences by examining water...

Global climate change, and policies to slow it or adapt to it, may be among the primary forces shaping the world's economy throughout the next century and beyond. Nonetheless, popular treatments of this issue commonly ignore economics. This introductory essay sketches some of the uncertainties...

This study exploits the quasi-random assignment of air pollution changes across counties induced by federally mandated air pollution regulations to identify the impact of particulate matter on property values. Two striking empirical regularities emerge from the analysis. First particulate matter...

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and...

Both economic theory and psychological research indicate that benefit functions for reductions in health risk exposures may be conditional on current exposures. Using nitrates found in household wells, it is demonstrated that perceptions of health risks across exposure levels are affected by the...

Many analysts presume that the appropriators of a common-pool resource are trapped in a Hobbesian state of nature and cannot themselves create rules to counteract the perverse incentives they face in managing the resource. The logical consequence of this view is to recommend that an external...

This review critically looks at the theoretical and empirical foundations of positive mathematical programming and its evolution in the past decade or so. We show how the need to model new empirical phenomena has induced the literature to rethink model specifications and to address new questions...