Market segmentation is an important issue when estimating the implicit price for an environmental amenity from a surrogate market like property. This paper tests the hypothesis of a segmentation of the housing market between tourists and residents and computes the implicit price for natural...

Landscape is an example of a non-market good where no metrics exist to measure its quality. The paper proposes an original methodology to nevertheless estimate scope variables in those circumstances, allowing then to better test if people?s willingnesstopay for such good is sensitive to the...

A lottery that provides participants the opportunity to choose among a set of simple gambles over multi-attribute goods results in an endogenous distribution of win rates over gambles that reflects tradeoffs between the relative desirability of the available goods and the probability of winning....

We examine a type of lottery used to distribute some publicly held resource access rights. The lottery provides participants with the opportunity to choose among a set of simple gambles over multi-attribute goods. Participant choices result in an endogenous distribution of success rates over...

We analyze whether lower rents for energy-inefficient apartments reflect tenants' willingness to pay due to a higher green awareness, purchasing power, or energy consumption costs. Based on a German rental apartment dataset from Q1 2007 to Q1 2019, we use interaction terms for socioeconomic...

Síntesis Salaverry es un pequeño puerto localizado a pocos kilómetros de la ciudad de Trujillo, al norte del Perú. Moviliza alrededor de 2.5 millones de toneladas de carga al año, en su mayoría, granel seco. Desde 1982, ENAPU, la empresa estatal que opera el puerto, ha venido reduciendo...

Numerous attempts have been made to evaluate economic impacts by climate change, and the evaluation method can be classified into two approaches. One is a partial equilibrium approach and the other is a general equilibrium approach. The former method includes a travel cost method (TCM) and a...

Shirakami Mountain Range has the largest primeval forest in the world, and has some public functions; the biodiversity function, the water resource cultivation function, the health and recreation function and so on. This study tries to measure its environmental economic value by using the travel...

The 2011 Great East Japan Earthquake hereafter, 'the Earthquake' and the accident involving radiation leakage at Tokyo Electric Power Company's Fukushima Nuclear Power Plant No. 1 hereafter, 'NPP No. 1' brought fame to Fukushima Prefecture but not in a positive way. In general, economic damage...