Showing 1 - 10 of 214
We present a computable general equilibrium model of the interface between the Great Salt Lake (GSL) ecosystem and the regional economy that impacts the ecosystem. With respect to the ecosystem, the model treats the various representative species as net-energy maximizers and bases population...
Persistent link: https://www.econbiz.de/10005426916
AIn this paper we provide several GAMS- and Excel-based resource-extraction models that can be used in an intermediate-level natural-resource economics course to numerically solve a host of exhaustible- and replenishable-resource problems, and thereby help verify the intuition and symbolic...
Persistent link: https://www.econbiz.de/10005426917
We design an international scheme to control global carbon dioxide emissions in which autonomous developed and developing regions choose their own carbon dioxide emissions in anticipation of interregional resource transfers to be implemented by an international agency. This agency’s objective...
Persistent link: https://www.econbiz.de/10005426932
In this paper, we use a unique curbside-recycling data set to test the effectiveness of “cheap talk” and “preference uncertainty” in mitigating hypothetical bias in contingent valuation. The sample includes two types of ouseholds—those located in communities with curbside recycling...
Persistent link: https://www.econbiz.de/10005426939
Two recent studies have shown that “cheap talk” is an effective means of eliminating positive hypothetical bias in experimental and field-auction settings. We further investigate the ability of cheap talk to mitigate positive hypothetical bias in a CVM phone survey administered to over 4,000...
Persistent link: https://www.econbiz.de/10005426941
Siting noxious facilities, such as community landfills, is a challenging problem for local planners, who recognize the importance of economic efficiency and equity, political acceptance, and meeting federal regulatory standards. Meeting these criteria requires technical and socio-economic...
Persistent link: https://www.econbiz.de/10005426954
In this paper, we estimate the social net benefits of curbside recycling. Benefits are estimated using survey data on household willingness to pay (WTP) from over 4,000 households across 40 western U.S. cities. We calibrate WTP for hypothetical bias using an experimental design that contrasts...
Persistent link: https://www.econbiz.de/10005426959
We compare tradable permit markets and emission taxes as self-enforcing mechanisms to control correlated externality problems. By “correlated” we mean multiple pollutants that are jointly produced by a single source but which simultaneously cause differentiated regional and global...
Persistent link: https://www.econbiz.de/10005426962
This paper estimates the deadweight loss associated with not failing an optimal number of students. We find that this loss ranges between $3,200 and $4,600 per student over the student's four-year undergraduate career. One possible ramification of adopting a more stringent student-failure policy...
Persistent link: https://www.econbiz.de/10005426968
Using information from on-line graded assignments in an intermediate microeconomics course, we find that non-procrastinators (both earlystarters and front-loaders) obtain higher scores than their dillydallying counterparts. We also find that while busier students tend to start their assignments...
Persistent link: https://www.econbiz.de/10005426993