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Informed debate on agricultural nonpoint pollution requires evaluation of regional water quality in relation to management practices. It is prohibitive, in terms of cost and time, to run the site-specific process models for regional policy analysis. Therefore, a simplified and robust...

This paper explores the origins of the strikingly high price premia paid for new food products in lab valuation exercises. Our experimental design distinguishes between two explanations of this phenomenon: novelty of the experimental experience versus the novelty of the good, i.e., preference...