Showing 1 - 10 of 14
An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not...
Persistent link: https://www.econbiz.de/10005126336
In the deliberations of scholars, policy analysts, and policy makers, television has exceptional power and influence …. Yet the historical record shows that television has not changed the economics of attention for large populations in the … aspirations, building national brands, and establishing significant brand equity. The advent of radio and television did not …
Persistent link: https://www.econbiz.de/10005134492
) Act 1992, Radio Licence Fees Act 1964 and the Television Licence Fees Act 1964. The Commission was to advise on practical …
Persistent link: https://www.econbiz.de/10005135116
This paper attempts to measure how information provision affects usage of consumer durables, using data on residential demand for electricity in Japan. Assuming that consumer preferences are well described by a translog indirect utility function, a discrete-continuous model of information and...
Persistent link: https://www.econbiz.de/10005118880
The Commission was asked to review the National Third Party Access Regime for Natural Gas Pipelines. The review sought to assess the benefits and costs of the Regime, including its effects on investment. The Commission’s preliminary findings were released for public comment in December 2003...
Persistent link: https://www.econbiz.de/10005561783
The World Bank’s Operational Policy on Economic Evaluation of Investment Operations requires that project evaluations include all the costs and benefits generated by the project, including environmental costs and benefits. Theis review examines the use of environmental valuation in 101...
Persistent link: https://www.econbiz.de/10005062486
This paper shows how to shadow price partially traded goods following the standard rules of cost-benefit analysis, i.e. identifying the individuals affected, measuring their corresponding compensating variations, and aggregating those measures according to a distributional value judgement. The...
Persistent link: https://www.econbiz.de/10005408410
In this paper the option value of waiting under scientific uncertainty will be derived using the difference between the geometric Brownian motion and the mean reverting process by applying contingent claim analysis. The results will be compared with those generated by either using a geometric...
Persistent link: https://www.econbiz.de/10005556146
Data Envelopment Analysis (DEA) is a linear programming based method for evaluating performance of comparable production units such as firms. Although the method is already extensively applied in many areas of economics, its use in environmental economics and related fields remains limited. The...
Persistent link: https://www.econbiz.de/10005556149
Wide agreement about the goal of microfinance--to improve the welfare of the poor--has not led to wide agreement about how best to achieve that goal. To aid discussion, I propose a framework for outreach--the social benefits of microfinance--in terms of six aspects: worth, cost, depth, breadth,...
Persistent link: https://www.econbiz.de/10005118813