We report on the results of a survey based on conjoint choice experiments that was specifically designed to investigate the effect of context on the Value of a Statistical Life (VSL), an important input into the calculation of the mortality benefits of environmental policies that reduce...

This paper summarizes our recent work on the rate of return and cost-benefit ratio of an influential early childhood program.

A heavily trafficked 4.5km highway stretch on Interstate 15 east of Los Angeles was rebuilt using two extended closures, each spanning nine days with 24/7 operations. Before and during the closures, a multifaceted, extensive, dynamic public outreach programme was implemented to gain public...

This paper completely characterizes two public ownership solutions in convex production economies, known respectively as the Proportional Solution (PR), and the Equal Benefit Solution (EB), by adopting the axioms Moulin (1990a,b) discussed and introducing two other axioms, Pareto Independence...

The aim of this article is to offer a simple framework for estimating the benefits and costs of anti-ML regulation, based on a prudent estimation of the economic value of worldwide money laundering. Using the multiplier model of the relationship between criminal markets revenues and money...

Environmental decision-making, like economic decision-making, often involves trade-offs. Decision-makers need techniques with which to compare the costs and benefits involved. For some environmental problems, such as global warming, there are insuperable difficulties to making operational what...

The approximated cost-benefit function of pollution abatement from two integrated assessment models are employed in constructing of social welfare functions (SWF). Following a normative approach and evaluating equally the environmental goods in rich and poor countries, furthermore using...

Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual assumption is that the effect of the externality will be perfectly reflected by house price differentials. This is based on the implicit assumption that there is a...

Since the WTO's inception in 1995, the number of cases it has dealt with has exceeded the number of disputes under the GATT. This suggests that Members have found the WTO dispute settlement system a useful means to pursue their interests. In this paper, we analyze an ongoing WTO dispute to...