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Resource purchasing funds have become a major tool for environmental protection and resource conservation. These funds use various strategies to target resources for conservation, the choice of which may lead to striking differences in environmental performance. This paper develops an analytical...

Kilkenny, Maureen (1995) "Teaching Market Economics Without Selfishness" chapter 4.1.2. in "Agricultural Economics: Education and Research Agenda for Economies in Transition," edited by G.H. Peters, Agricultural Economics 12(3) September.

The Stone index typically used in estimating linear almost ideal demand systems is not invariant to changes in units of measurement, which may seriously affect the approximation properties of the model. A modification to the Stone index, or use of a regular price index instead, are both...

Basic principles of Bayesian statistics and econometrics are reviewed. The topics covered include point and interval estimation, hypothesis testing, prediction, model building and choice of prior. We also review in very general terms recent advances in computational methods and illustrate the...

We review some of the most significant issues and results on the economic effects of genetically modified (GM) product innovation, with emphasis on the question of GM labeling and the need for costly segregation and identity preservation activities. The analysis is organized around an explicit...

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This paper was published in the September 1988 issue of this journal. In that paper, data from the railroad firms which emerged with one of the 24 surviving firms were aggregated wit the data from the surviving firm. Unfortunately, data from some merging firms were omitted from the analysis....

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