This article presents the results of a survey that elicited the value of the perceived net benefits associated with the implementation of a wind farm in a rural community in upstate New York. The survey was designed and administered by upper level undergraduate students enrolled in an...

In a time of fiscal cutback, analysis of program costs can help decision makers allocate resources. This paper presents the results of an economic cost evaluation of a countywide universal home visiting program to reduce child abuse and neglect. Results indicate that the average cost amounted to...

We empirically verify two predictions of asset pricing with a role for uncertainty: return premium to increase with uncertainty, and to decrease with the resolution of uncertainty over time and experience. These properties are found among Initial Public Offerings (IPOs) of new industries where...

Purpose – The purpose of this paper is to utilize the initial public offerings (IPO) market to research the effect the stock market crash of 1987 had on the market psyche. Design/methodology/approach – The paper compares the number of IPOs, as well as accounting data during the years...

Conrail, nationalised in 1976 and privatised in 1987, was the most significant nationalisation and privatisation by the US government in recent years. It was created from six bankrupt railroads under the pressure of interest groups, formed by customers, existing claimants, employees and related...

Purpose -The purpose of this paper is to provide a unique approach to examining issues related to initial public offerings (IPOs). Design/methodology/approach -The price behavior of IPOs in new industries is analyzed relative to IPOs in established industries. Findings -The results show that...