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This study proposes a novel approach to estimating a recreational demand model that accounts for intra-household resource allocation. The technique is based on an analogy borrowed from the literature of collective household behavior and, in particular, on Browning, Chiappori and Lewbel...
Persistent link: https://www.econbiz.de/10008794472
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The current agricultural marketing literature has considerable controversy about the optimal use of hedging for farmers … paper uses data from a hedging game from Maryland marketing clubs for 1994-1998. Hypotheses concerning the consistency of …
Persistent link: https://www.econbiz.de/10005797943
Directed Acyclic Graphs (DAG's) and Error Correction Models (ECM's) are employed to analyze questions of price discovery between spatially separated commodity markets and the transportation market linking them together. Results from our analysis suggest these markets are highly interconnected...
Persistent link: https://www.econbiz.de/10005797961
This paper reports results from a field experiment in Uganda. The proportion of children five years and younger who slept under a mosquito net was 20 percent higher when nets were distributed for free compared to when an equivalent cash transfer could be used to purchase nets. This effect is...
Persistent link: https://www.econbiz.de/10008491736
Cost-benefit analyses of health and safety regulations require estimates of the benefits of reducing pollution, and hence the risks of pollution-caused illnesses. Lost work income constitutes an important component of monetized benefits. This paper examines the impact of married men and...
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