It is well recognized that natural land is of great importance, and measures of the value of natural lands are required when making data-driven policy decisions between land development and land preservation. One of the most important values of natural land areas is the recreational services...

While economics has long recognized concern for others (e.g. altruism and bequest motives), explicit inclusion of social network metrics in non-market valuation models is relatively recent. Social network effects on willingness to pay can propagate through the entire network and bias willingness...

This study experimentally elicits subjects' valuation for a portfolio constructed by a Robo-advisor vs. Human-advisor. We conduct an online experiment using the second price sealed-bid auction to elicit subjects' valuation to the portfolio constructed by the Robo-advisor vs. Human-advisor. The...

Consumers' interest in product information, such as nutrition, environment, and social aspects, is increasing in the food market. Blockchain technology can enhance credibility of quality signals on labels through transparency and accountability in the supply chain. This study examines the impact...

Aethina tumida, commonly known as the small hive beetle (SHB), is a parasite of social bee colonies. In 2014, when the beetle was first detected in the Italian Region of Calabria, the Italian Ministry of Health started an SHB control strategy. Over time, dissatisfaction with the control measures...

Rice cultivation in Sub-Saharan Africa produces a negative externality in the form of higher malaria risk. Larval source management, such as the application of bio-larvicides in rice fields, is available to mitigate the problem. However, the cost of larvicide and the corresponding spraying...