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This paper generalizes results from Anderson, De Palma, and Thisse [1992] linking individual random utility and aggregate representative individual demand models, to consider a comparable relation for the willingness to pay functions for quality attributes of marketed goods. It also suggests how...
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This paper reports the results of an evaluation of the direct and indirect information on the compliance costs state Departments of Transportation (DOT) experience in responding to environmental regulations. After reviewing the statutory requirements and a series of Environmental Impact...
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This paper uses the Federal Aid Highway program as the source for natural experiment to evaluate whether complying with federal environmental regulations increases construction costs. This is accomplished by evaluating whether indexes of the environmental resources in each state affect...
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