Small firms developing biotechnology applications often focus on establishing intellectual property rights, which can then be sold to more established firms with existing market chains. This paper explores the expected 'Buyout' price and economic surplus changes for an emerging bio-pharming...

Starting in 2009 the EU ban on the sale of incandescent bulbs will force households to purchase energy-saving compact fluorescent lamps (CFLs). The impact of the ban on consumers will depend on the nature of current barriers to the use of CFLs. This paper employs a Double-Hurdle model to...

Small research firms developing biotechnology applications often focus on establishing intellectual property rights (IPRs), which can then be sold to more established firms with existing market channels. This paper presents a method for valuing the IPRs for an innovation that lowers product...

This paper explains the current "digital divide" in internet use between rural and urban areas using a Logit adoption model with data collected from the August 2000 Current Population Survey. A non-linear decomposition shows that rural urban household attribute differences account for 66 percent...

Recent public cash assistance reform measures designed to induce recipients to leave welfare and enter the workforce represent the most important change in social welfare policy in recent decades. Single female-headed families with children (SFHFwC), who represent 53 percent of non-metropolitan...

As residential high-speed Internet access has become more prevalent, the composition of the "digital divide" between rural and urban households has shifted. In 2000, dial-up access rates in rural household lagged behind their urban counterparts by eleven percent. By 2003, however, dial-up access...