Cost-benefit analysis has long been a dominant method of policy analysis. When applied to policies affecting the environment, however, it faced a serious problem. Many policies exert environmental impacts that are external to market transactions, so the values of these impacts resist monetary...

While much research has been devoted to the demographic correlates of public participation in environmental planning, only a small fraction has been devoted to comparing public preferences for different modes of participation. Furthermore, a more fundamental question has yet to be answered: does...

The availability, price, and quality of infrastructure services vary considerably across regions. This paper analyzes which elements significantly contribute to geographical differences in water prices. For empirical analysis, it employs water supply price and demand equations under a system of...

Economic developers at the local and state levels have increasingly used cost-of-doing-business studies to compare their jurisdictions against others. The cost of doing business is enormously difficult to demonstrate in practice because: (1) there are many different types of business costs, many...