This paper applies production theory to define a new set of inputs for U.S. households over the post-World War II period and uses newly constructed data on some of these inputs to fit a completehousehold-demand system, including inputs of women’s and men’s housework, and seven other...

Recreation demand models typically incorporate measures of the physical attributes of recreational sites; e.g., Secchi depth or phosphorous levels in case of water quality. Moreover, most studies show that individuals do respond to these physical characteristics in choosing where to recreate....

Students in majors with higher average quantitative GRE scores are less likely to attend graduateschool while students in majors with higher average verbal GRE scores are more likely to attendgraduate school. This sorting effect means that students whose cognitive skills are associatedwith lower...

This paper applies production theory to define a new set of inputs for U.S. households for thepost-war II period, tests the new inputs to see if they support a complete household-demandsystem, and reports a new social cost-of-living index. The data support a demand system withnine major input...

This paper presents new econometric evidence on state government’s demand for resources to support local agricultural experiment station research. The econometric model consists of a complete-demand system covering four major resource sources, and it is fitted to annual observations on 48...

Two interested parties dominate the current debate on genetically modified (GM) foods: environmental groups and agribusiness companies. For the average consumer to arrive at an informed decision on these new foods, they must rely on information from interested parties. Unfortunately, information...

Der Low Cost Carrier (LCC) Markt ist seit einigen Jahren ein fester Bestandteil des deutschenLuftverkehrsmarktes. Der gemeinsam von der ADV und dem DLR herausgegebene Low Cost Monitorinformiert zweimal jährlich über wesentliche Merkmale des Low Cost Carrier Verkehrs und aktuelleEntwicklungen...

This note develops a method of recovering individual preferences, and of obtaining money-metricindividual welfare comparisons, from demand functions generated by Cournot-Nash equilibria ingames with public goods.

Die Bewertung von Optionen besitzt im Rahmen der modernen Financezentrale Bedeutung, und dies sowohl aus theoretischer als auch aus praktischer Sicht...