The focus of Chapter 5 is on the agricultural sector in the Asopos catchment as it has a significant impact on the status of water in the area. In particular, the aim of the chapter is to estimate the farmers valuation of groundwater s shadow price for the region of Asopos. In order to achieve...

In this paper we examine whether stated preferences and Willingness To Pay estimates, obtained in a choice experiment, are sensitive to the institutional context in which the good under evaluation is provided. Specifically, we examine the effects on valuation from employing two different...

In this paper we investigate whether the empirical regularities of stock returns are independent of each other or whether any one of them implies all the others. If such a regularity exists, it is called 'fundamental' and is usually thought of as a 'deductive explanation' of the others. We...

This study exploits the data from a full-preference ranking Choice Experiment (CE) designed to investigate how respondents evaluate a set of proposed improvements in the Asopos water catchment in Greece. These improvements are following the prescriptions of the European Union Water Framework...

Open Access initiatives, corresponding to unrestricted online access to peer-reviewed scholarly research are developed around the world and supported by research organizations and institutions. European Commission has launched in August 2008 the OpenAIRE (Open Access Infrastructure for Research...

In this study we use a novel experimental design to isolate warm glow from pure altruism and measure the extent of warm glow in an auction that contributes the sum of revenues by highest bidders to a charity. We conduct one set of sessions with a standard student pool and a second set of...

The objective of this paper is to elicit stakeholder preferences in relation to different Multiple Use Offshore Platforms (MUOP) designs produced by the TROPOS project (www.troposplatform.eu) for the Liuqiu Island, Taiwan using the Choice Experiment (CE) method. To authors/ acknowledge, this is...

In this report, we are concerned with the impact of the current system of residential stamp duty. Not only does stamp duty have an effect on the housing market, but it also discriminates between both different parts of the country and different household types. Because of the inefficiencies and...

In this paper we introduce a model for the description of natural resources�� price paths, which in contrast to the existing literature, captures non-linear trends by means of a simple trigonometric function. We then use a set of model selection criteria to compare our...

This chapter sets out the socio-economic principles that should govern water resources management for the achievement of a sustainable allocation of the resource over time and across space, in accordance with the EU Water Framework Directive. The resulting allocation should be economically...