Showing 1 - 10 of 13
Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit...
Persistent link: https://www.econbiz.de/10005085384
This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on...
Persistent link: https://www.econbiz.de/10005718171
This paper reports the first comprehensive approach for measuring the general equilibrium willingness to pay for large changes in air quality. It is based on a well defined locational equilibrium model. The approach allows estimation of households' indirect utility function and the underlying...
Persistent link: https://www.econbiz.de/10005720605
This paper proposes the use of consumers' preferences in formulating policies for keeping secret information about terrorist activities and threats that might compromise future security. We report the results from two surveys indicating that people have clear preferences for full disclosure of...
Persistent link: https://www.econbiz.de/10008548804
Households "sort" across neighborhoods according to their wealth and their preferences for public goods, social characteristics, and commuting opportunities. The aggregation of these individual choices in markets and in other institutions influences the supply of amenities and local public...
Persistent link: https://www.econbiz.de/10008565078
We exploit a change in eligibility rules for the Canadian Scientific Research and Experimental Development (SRED) tax credit to gain insight on how tax credits impact small-firm R&D expenditures. After a 2004 program change, privately owned firms that became eligible for a 35 percent tax credit...
Persistent link: https://www.econbiz.de/10010950968
We report a puzzling pair of facts concerning the organization of science. The concentration of research output is declining at the department level but increasing at the individual level. For example, in evolutionary biology, over the period 1980 to 2000, the fraction of citation-weighted...
Persistent link: https://www.econbiz.de/10011271397
The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such … are less creative but still important for innovation, namely mundane, execution-oriented tasks. First, we document the …, we report timing and project type evidence consistent with the causal interpretation that slack time drives innovation …
Persistent link: https://www.econbiz.de/10011272299
It is well known that patent citations occur disproportionately between patents issued to inventors living in the same … location, which has been taken as evidence of geographically localized knowledge spillovers. In this study, we find that patent … citations also occur disproportionately often in locations where the cited inventor was living prior to being issued the patent …
Persistent link: https://www.econbiz.de/10005085134
interplay of these two localized externalities and their impact on regional innovation. We examine MSA-level patent data during … the period 1975-2000 and find that innovation output is higher where large and small labs coexist. The finding is robust …
Persistent link: https://www.econbiz.de/10009652761