We investigate the effect of introducing a fiscally neutral increasing block rate water budget price structure on residential water demand. We estimate that demand was reduced by around 17%, although the reduction was achieved gradually over more than three years. As intermediate steps we derive...

This paper provides evidence that public goods represent a more acceptable response to public harms than monetary compensation. We demonstrate a preference for public goods over monetary compensation, in part because receipt of public goods may limit the sense of guilt or bribery from accepting...

We examine snowmobile use conflict in Yellowstone National Park to assess the effect of different winter management policies on heterogeneous visitors’ welfare. Using a stated preference choice experiment we quantify welfare changes for snowmobile riders and non-riders under different...

Deciding how to allocate forage among animals is a fundamentally important process in range management. The wisdom of these decisions can be enhanced by estimating the marginal value of forage needed by competing species. We present a method for ...

The paper is concerned with developing a production theory for the case when some inputs have nonlinear prices because the price depends on endogenous quality. This involves extending the notion of a cost function to the case where nonlinear prices are ...

This paper extends the standard travel cost method (TCM) to develop estimates of the economic value of recreational chinook salmon fishing on the Gulkana River, Alaska, under existing and hypothetical fishery management conditions. Respondents were asked ...

Conclusions concerning trends in natural resource scarcity may depend critically on the choice of scarcity index. Unfortunately, the prevalence of vertical integration in natural resource industries has hindered the use of some otherwise desirable ...

This paper reviews research on nonmarket valuation. It seeks to gauge whether the methods are up to the tasks demanded of them and to identify new research priorities. The evaluation suggests that we can outline a protocol for implementing and using the methods with some resources, while for...