This paper addresses conceptually and empirically some of the biases commonly associated with contingent valuation (CV) elicitation of willingness to pay (WTP) values for non-market goods and services. More specifically, the study focuses on testing for scope, context, and sequence effects in CV...

This analysis was supported by Rivers Unlimited and chambers of commerce in communities along the Muskingum River corridor in southeastern Ohio. Hedonic pricing and travel cost/benefit transfer methods are applied to value and compare various water quality, infrastructure and land use control...

This paper studies the welfare impact of alternative scenarios of trade protectionism and liberalization in Argentina. The impact of the different trade policies is assessed in two different ways. We first use the multi-sectoral and multi-regional computable general equilibrium MIRAGE model to...

We conduct models and tests to ascertain whether there are speculative bubbles and which factors contribute to the bubbles if there exits one. In the model, we use the option value to represent the investment value of farm real estate and compare the option value, calculated from dynamic...

Nanotechnology has tremendous potential in food and agriculture. Few economic studies focused on specific products made using nanotechnology, let alone food or food related products. Using a national choice experiment survey, this analysis examines consumers’ valuations for nano-attributes. As...

The energy savings from tree shade coincide with peak electricity demand during summer months, creating an opportunity for utilities to use tree protection policies as demand side management tools. We apply a quasi-experimental research design to identify the change in residential energy caused...