Global warming has been a heated topic in recent decades and it is shown that the average temperature of U.S. has been increasing since 1901 and more quickly from 1970s. However the data reveals that on state level a different temperature changing pattern exist and some area might experience...

After a lifetime of working and saving, retirement is a time that an individual can participate in aspirations and activities that were difficult to explore under the constraints of family rearing and full time employment. This newfound freedom allows one to act on her true preferences and alter...

In this paper, a conceptual model for estimating option price for groundwater quality protection is developed, and the effets of subjective demand and supply uncertainty and other variables on option price are estimated. A contingent valuation study to measure option price for groundwater...

This article extends the literature on economic valuation of public interventions that reduce environmental risk. We consider the case where risk-reducing interventions have different characteristics than the risk proxies used in hedonic regressions. We then demonstrate the importance of these...