Narrow search
Showing 1 - 10 of 81
Cover Image
Economics of the Generation and Management of Municipal Solid Waste
Beede, David N.; Bloom, David E. - 2021
This paper examines the generation and management of solid waste (MSW) through the lens of economics. We estimate that … the global burden of MSW amounted to 1.3 billion metric tons in 1990, or 0.67 kilograms of waste per person per day … disposing of MSW vary widely across countries in accord with the nature of the waste stream and key features of the …
Persistent link: https://www.econbiz.de/10013222043
Cover Image
The Economics of Residential Solid Waste Management
Kinnaman, Thomas C.; Fullerton, Don - 2021
This paper provides a broad overview of recent trends in solid waste and recycling, related public policy issues, and … the economics literature devoted to these topics. Public attention to solid waste and recycling has increased dramatically … makers choose the efficient mix of policy levers to regulate solid waste and recycling activities. Economists have also …
Persistent link: https://www.econbiz.de/10013220080
Cover Image
Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience
List, John A. - 2011
A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...
Persistent link: https://www.econbiz.de/10013127977
Cover Image
Is the Endowment Effect a Reference Effect?
Heffetz, Ori - 2011
This paper is aimed to assess, with two lab experiments, to what extent Kőszegi and Rabin's (2006) model of expectations-based reference-dependent preferences can explain Knetsch's (1989) endowment effect. Departing from past work, we design an experiment that treats the two goods (a mug and a...
Persistent link: https://www.econbiz.de/10013131234
Cover Image
Hedonic Prices and Implicit Markets : Estimating Marginal Willingness to Pay for Differentiated Products Without Instrumental Variables
Bishop, Kelly C. - 2011
The hedonic model of Rosen (1974) has become a workhorse for valuing the characteristics of differentiated products despite a number of well-documented econometric problems. For example, Bartik (1987) and Epple (1987) each describe a source of endogeneity in the second stage of Rosen's procedure...
Persistent link: https://www.econbiz.de/10013118241
Cover Image
A Dynamic Model of Demand for Houses and Neighborhoods
Bayer, Patrick J. - 2011
This paper develops a dynamic model of neighborhood choice along with a computationally light multi-step estimator. The proposed empirical framework captures observed and unobserved preference heterogeneity across households and locations in a flexible way. The model is estimated using a newly...
Persistent link: https://www.econbiz.de/10013122024
Cover Image
The Demand for Health Insurance Among Uninsured Americans : Results of a Survey Experiment and Implications for Policy
Krueger, Alan B. - 2011
Most existing work on the price elasticity of demand for health insurance focuses on employees' decisions to enroll in employer-provided plans. Yet any attempt to achieve universal coverage must focus on the uninsured, the vast majority of whom are not offered employer-sponsored insurance. In...
Persistent link: https://www.econbiz.de/10013126202
Cover Image
Valuing Mortality Risk Reductions : Progress and Challenges
Cropper, Maureen - 2011
The value of mortality risk reduction is an important component of the benefits of environmental policies. In recent years, the number, scope, and quality of valuation studies have increased dramatically. Revealed-preference studies of wage compensation for occupational risks, on which analysts...
Persistent link: https://www.econbiz.de/10013126212
Cover Image
Risk and Return in Environmental Economics
Pindyck, Robert S. - 2012
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10013103046
Cover Image
Climate Amenities, Climate Change, and American Quality of Life
Albouy, David - 2014
We present a hedonic framework to estimate U.S. households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor an average daily temperature of 65 degrees Fahrenheit, will pay more on the margin to avoid excess heat than cold, and are not...
Persistent link: https://www.econbiz.de/10013064268