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Using a nationally representative household survey from India, we examine individuals' domestic tourism participation … and trip expenditure decisions together. We control for a large set of explanatory variables broadly classified as … have differential affects on each decision. We find that education is an important determinant for both the decisions …
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This dissertation presents four independent papers that advance experimental methods and test theories on saving using experimentally elicited characteristics. The first two papers test two behavioral theories on precautionary saving based on the characteristics loss aversion and prudence by...
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This paper revisits the issue of environment and development raised in the 1992 World Development Report, with new … environmental outcomes across GDP. The analysis finds that average development is associated with an inverted 'U'-shape in … used to extrapolate environmental output to 2030. The daunting implications of continued development are a reminder that …
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