This paper reports a laboratory experiment that studies several specific features of the Regional Clean Air Incentives Market (RECLAIM), a tradable emission permit program intended to lower the cost of meeting federal air quality standards in the Los Angeles area. It assesses the impact of some...

This paper examines the Regional Clean Air Incentives MArket (RECLAIM) which was launched in Los Angeles in January 1994. RECLAIM is an emissions trading program which is expected to decrease hazardous pollutants from stationary sources in the South Coast Basin. I analyze the transactions data...

This paper examines cultural differences in attitudes towards corruption by analysing individual-decision making in a corrupt experimental environment. Attitudes towards corruption play a critical role in the persistence of corruption. Our experiments differentiate between the incentives to...

Fertility and child mortality are supposed to have a two-way relationship. First, women who experience more child deaths go on to bear more children compared to women whose children survive. Second, the risk of children dying is higher among women who have been pregnant more times. Using a unit...

This paper tries to test the effect of environmental friendliness on compliance behaviour using data from a tradable emissions program currently running in Los Angeles.

This paper examines the effects of individual, household and community characteristics on two aspects of fertility among South African women - the age at first conception and the number of pregnancies. We find that education has a significant effect in pushing back the age at first conception...

Survey evidence suggests that consumers care about the environment and are willing to pay a higher price for a product that generates less environmental harm. We induce buyer preferences over quality in a laboratory posted offer market to study sellers' incentives to offer products of differing...

We study the relationship between group size and the extent of risk sharing in an insurance game played over a number of periods with random idiosyncratic and aggregate shocks to income in each period. Risk sharing is attained via agents that receive a high endowment in one period making...

It is often argued that a rapid rise in educational attainment of women, an increase in the age at marriage and an increase in the age at first birth are key features of demographic transition in any country. Education is the prime catalyst in this process because increases in educational...

This study examines different types of Travel Cost Models to estimate and compare the recreational values of two parks in Victoria, Australia: Maroondah Reservoir and Albert Park. Zonal Travel Cost models and a number of different functional forms are used in this study. Standard errors are used...