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We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10011591696
This paper develops and applies a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10014074362
We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10014088437
Persistent link: https://www.econbiz.de/10001788944
Individuals extracting common-pool resources in the field sometimes form output-sharing groups to avoid costs of crowding. In theory, if the right number of groups forms, Nash equilibrium aggregate effort should fall to the socially optimal level. Whether individuals manage to form the efficient...
Persistent link: https://www.econbiz.de/10013138360
Code of Conduct for Responsible Fisheries. Our identification strategy combines a spatial autoregressive model with spatial …
Persistent link: https://www.econbiz.de/10009737061
fisheries, I outline institutional differences and provide hypotheses as to why they occur. The open-access problem is described …
Persistent link: https://www.econbiz.de/10014468221
Persistent link: https://www.econbiz.de/10009544964
We test whether a descriptive norm-nudge is a suitable policy tool to increase cooperation in a social dilemma when …-nudge increases cooperation by 14 and 16 percentage points for egalitarian and hierarchical 15 team decisions, respectively. Captains …
Persistent link: https://www.econbiz.de/10012816792
shown to have a regular structure. This enables an easy calculation of the nucleolus that happens to define the upper bound …
Persistent link: https://www.econbiz.de/10010988746