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...

Many watershed organizations have prioritized establishing streamside (riparian) buffers on agricultural land to improve water quality. Using data from a 2000 survey of 500 Maryland landowners, we examine what level of financial incentives they would require to install such buffers for 15 years...

Each year U.S. farmers receive more subsidies than needy families receive through welfare assistance or post-secondary students receive through student aid grants. Yet, who benefits from agricultural subsidies is an open question. Economic theory predicts the entire subsidy incidence should be...

We examine different market-based mechanisms and other incentives intended to promote the environmental remediation and reuse of brownfields. Policies that encourage cleanup and re-use of brownfields offer real estate developers reductions in regulatory burden, relief from liability for future...