It is crucial to more thoroughly understand discounting behaviour because it has important implications for designing interventions with financial incentives for behavioural change. This means examining discounting functional forms as well as discount rates and establishing their impacts across...

Data from a large scale contingent valuation study are used to investigate the effects of forest attributes on willingness to pay for forest recreation in Ireland. In particular, the presence of a nature reserve in the forest is found to significantly increase the visitors? willingness to pay. A...

We investigate the reliability of transferring benefit estimates of forest recreation obtained from discrete choice CV data and conditional on forest-specific attributes. The transfer reliability is checked against the forest-specific estimates of mean and median willingness to pay. We report...

Teaching Innovations in Economics presents findings from the Teaching Innovations Program (TIP) funded by the National Science Foundation. The six-year project engaged economics professors in the use of interactive teaching in undergraduate economics courses. Each chapter offers an insightful...

Laboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of...

This paper investigates whether an individual's identity as a member of a social group and relative position in that group affects willingness to punish free-riders in a public goods game. Previous studies have demonstrated that allowing subjects to punish free-riders increases cooperation in...

This paper summarizes the results of two experiments designed to evaluate the applicability of incentive compatible mechanisms such as the pivot mechanism to determine the public's preferences for environmental public goods. The first experiment employs a variant of the pivot mechanism to...