In recent years, the focus in the study of household behavior has shifted from the household as a homogeneous unit (unitary model) to the different individuals comprising the household (collective model). There are several issues (such as preferences heterogeneity among household members,...

If the average real income of the an American citizen had grown at a rate of 2% over the last 30 years, rather than actual 1%, it would have increased current per capita income by roughly 34%. For the period of 1970 to 2000, the annual per capita income growth rates for the counties of the...

Traditionally, information collection for water quality management has been focused on biological data to describe environmental conditions, and stressor-condition-response relationships. While this kind of information is essential, other types of information e.g., economic information about the...

The study examines the economic potential of an algal biodiesel industry in the US using a simulation-based partial equilibrium modeling approach. Different scenarios are constructed under various assumptions, and the price, cost, and demand and supply structure of the algal biodiesel industry...

This research focused on some of the major consequences of the Chernobyl nuclear disaster and their effect on the Ukrainian economy. Specifically, it focused on the indirect longer-term impacts of the Chernobyl accident on every major sector of the economy. These impacts included changes in the...

Agri-environmental programs have become popular in many countries as a means of improving environmental quality. In the United States, recent Farm Bills have progressively expanded the number and range of these programs beyond soil conservation to water quality and other issues. Economists have...