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The use of images in choice experiment surveys has been increasing over time. Research on the impact of complex graphical displays of information on respondent comprehension and the quality of preference estimates yields mixed results. We contribute to this literature by leveraging a...
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This paper evaluates the welfare and greenhouse-gas effects of the Renewable Fuel Standard (RFS) in the presence of biofuel subsidies. In our numerical model, demand for gasoline and ethanol stems from consumer demand for driving miles, but all fuels have congestion and environmental external...
Persistent link: https://www.econbiz.de/10014210136
When natural resource damages are caused by releases of hazardous materials into the environment, government trustees must conduct Natural Resource Damage Assessments (NRDAs) to support claims to recover the value of lost or damaged resources. This article sets forth theoretical arguments that...
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It is difficult for public agencies to make optimal reserve-site selections without knowing how new public reserves might influence the configuration of private conservation. Private land trusts protect much land in the USA, but little is known about how private groups respond to conservation...
Persistent link: https://www.econbiz.de/10005123152
The number of land trusts in a state varies widely across the United States. Could such variation make economic sense? This paper models the optimal number of private conservation agents in a region and highlights two competing forces: spatial externalities in conservation that increase the...
Persistent link: https://www.econbiz.de/10005064198
Factors that decrease the time cost of recycling have significant positive correlations with recycling rates in multifamily dwellings (MFDs). Waste-management experts have previously used anecdotes to infer a link between convenience and waste-diversion rates in MFD recycling programs. This...
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An in-class game can be used to improve students’ understanding of how a tradable discharge permit (TDP) program might work. There are, however, trade-offs one must face in designing such a game. An exercise might, in theory, demonstrate all the nuances of a TDP program and yet be so...
Persistent link: https://www.econbiz.de/10005464495