The tobacco quota buyout is expected to have significant impacts on U.S. tobacco markets, farmers, tobacco-dependent communities, and public health. Using data from four surveys of a panel of North Carolina tobacco farmers conducted between 1997 and 2004, we investigate changing farmer attitudes...

The paper explores the effects of current liability law on real estate transactions involving properties with potential environmental contamination. Sources of uncertainty and their likely impact on transactions are identified. Liability-driven market distortions are likely to be due less to...

Methane is the second most prevalent greenhouse gas and has a global warming potential at least 28 times as high as carbon dioxide. Municipal solid waste landfills are reported to be the third-largest source of anthropogenic methane emissions in the United States, responsible for 18 percent of...