We use Kriström’s simple spike model to assess the factors influencing consumers’ willingness to pay a premium for a variety of certified wood products. A survey of over 1600 Pennsylvania and Tennessee residents found that approximately 35% were willing to pay some positive “premium”...

Single equation regression models have been used rather extensively to test the effectiveness of Supplemental Instruction (SI). This approach, however, fails to account for the possibility that SI attendance and the outcome of SI attendance are jointly determined endogenous variables. Moreover,...

We examine the noncooperative provision of an impure public good by regional governments in a federation similar to the European Union, where regional governments are Stackelberg leaders and the central government is a Stackelberg follower—a federation with decentralized leadership. The center...

When Mormon settlers arrived in the Great Basin in 1847, the region was Mexican territory notable mainly for its isolation 1,000 miles to the nearest markets and its inhospitable environment. Under the direction of Brigham Young, President of the Church of Jesus Christ of Latter-day Saints, the...

Responses to a dichotomous choice contingent valuation (DCCV) of wilderness designation in Utah were used to determine if individuals who identified themselves as having no opinion or being neutral to wilderness designation in general and for two specific wilderness proposals would have...

This paper incorporates inventory dynamics into an analysis of market power. Using a model in which each firm accounts for the effect of its current action on the current and future actions of itself and its competitors, we show that measures of market power that ignore inventory dynamics are...

The North Pacific Ocean is highly productive, hosting many of the world’s largest groundfish populations and supporting a thriving fishing industry. Numerous regulations have been implemented to control the incidental take of non-target bycatch. Individual and Pooled Bycatch Quotas have...

Single-plant firms choose quantity/quality levels to maximize profits. Multi-plant firms face this decision and must also choose how many decision makers to have. This paper presents two case studies and a model of a multi-plant firm in which overhead costs are lower with one decision-maker...

There has been growing interest within the economics discipline in the role of equity concerns in the distribution of resources. This paper presents empirical evidence from a series of controlled laboratory experiments where third-party decision-makers must allocate resources between two...

Some labor negotiations include a break in which a non-binding recommendation is made by a fact-finder as an intermediate dispute resolution procedure. There is some uncertainty, however, as to whether this fact-finding increases or reduces the likelihood of settlement. Inasmuch as fact-finding...