Based on data from 92 Minnesota cities, the analyses shows that neither marginal price or average price appear as the better predictor of demand. The price elasticity of demand ranges from -. 17 for marginal price in the linear model to -.27 for average price in the log linear model. It appears...

Growing concerns about the availability of clean water supplies have stimulated increased interest in the management of international waters. This paper uses game theory to assess the potential for cooperative management of an international water body such as the Great Lakes. We demonstrate that...

High taxes on new cars in Israel provide an incentive for car owners to defer the purchase of new vehicles. The result is a vehicle fleet of older, more polluting vehicles, with air pollution costs estimated at up to $530 million annually. The purpose of this paper is to conduct a cost benefit...