The objective of the present work is to determine the economic viability of the System for the Reclamation and Reuse of Wastewater (SRRWW) in the village of Colera in Girona, Spain. The methodology applied covers the identification, quantification and economic evaluation of different impacts,...

This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We emphasize the potential of happiness research in...

This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation--notably, raising revenue, redistributing income, and correcting externalities--and the mapping between these functions and various forms...

Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special...

Since the introduction of genetically modified (GM) crops, the commodity grain system has been under pressure to segregate GM and non-GM crops. Starting at the level of the grain handler, members of the grain supply chain have successfully used quality assurance and identity preservation...

Why do governments engage in WTO disputes? What can countries expect to gain from international legal trade battles? This article examines the costs and benefits of the Philippine-Australian dispute regarding Australia's quarantine policy on Philippine fresh fruits and vegetables, a case also of...

The typical assumption about cash flows in perpetuity is not appropriate in practical project appraisal because the length of project life is always finite. In this paper, I present and discuss the calculation of multiperiod financial discount rates for a project with a finite life and no...

Wide agreement about the goal of microfinance--to improve the welfare of the poor--has not led to wide agreement about how best to achieve that goal. To aid discussion, I propose a framework for outreach--the social benefits of microfinance--in terms of six aspects: worth, cost, depth, breadth,...