The shift-share approach is used to examine changes in the competitive position nationally of tourism in the Northeast, using lodging receipts as an index of tourism. The Northeast share of national lodging receipts, which declined from 1972 to 1977, was heavily influenced by a lack of...

The composition of revenues in general purpose local governments in the Northeast in 1977 is examined and compared with the pattern found in 1957. The oomposition of local government revenues varies between types of local governments and between states . In general, local governments in the New...

Some of the implications of ethical preferences for traditional welfare analyses of existence values are discussed in this paper and illustrated with a lexicographic model for preference structures. Although willingness-to-pay and willingness-to-sell are well-defined, their connection with...

The neoclassical paradigm has proven to be a rich approach for evaluating a variety of issues for individual and social decision-making. However, an increasing body of literature suggests that actual behavior systematically violates the neoclassical utility model. This paper reviews a number of...

A theory-based participation model is developed using the assumptions of perfect capital markets and perfect information. Given this specification it is shown that participation in a PDR program is always equivalent in present value terms to selling the land, and is always at least as good as...