Estimated total value for recreational shellfishing on Cape Cod was $7.4 million in 2002, based on results of a survey of 233 shellfish permit holders, a figure that has roughly kept pace with inflation based on a similar study conducted in 1975. The total value is made up of two components, the...

An avalanche of articles has described the testing of a time series for the presence of unit roots. However, economic model builders have disagreed on the value of testing and how best to operationalise the tests. Sometimes the characterization of the series is an end in itself. More often, unit...

Estimated total value for recreational shellfishing on Cape Cod was $7.4 million in 2002, based on results of a survey of 233 shellfish permit holders, a figure that has roughly kept pace with inflation based on a similar study conducted in 1975. The total value is made up of two components, the...

An avalanche of articles has described the testing of a time series for the presence of unit roots. However, economic model builders have disagreed on the value of testing and how best to operationalise the tests. Sometimes the characterization of the series is an end in itself. More often, unit...

An avalanche of articles has described the testing of a time series for the presence of unit roots. However, economic model builders have disagreed on the value of testing and how best to operationalise the tests. Sometimes the characterization of the series is an end in itself. More often, unit...

Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...

Individuals are widely believed to overstate their economic valuation of a good by a factor of two or three. This paper reports the results of a meta-analysis of hypothetical bias in 28 stated preference valuation studies that report monetary willingness-to-pay and that used the same mechanism...