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This paper presents the only study analyzing the decision to purchase wind coverage for individuals whose standard homeowner’s policy excludes wind, and one of very few analyses of the decision to undertake wind mitigation measures. Because these two decisions are closely related, a...
Persistent link: https://www.econbiz.de/10011268006
A nationwide survey was conducted to estimate welfare associated with large-scale wetland restoration in coastal Louisiana. Binary- and multinomial-choice survey instruments were administered via Knowledge Networks, using the latter to estimate willingness to pay (WTP) for increments in three...
Persistent link: https://www.econbiz.de/10010780579
Monetized estimates of ecosystem services are increasingly cited as partial justification for a wide range of environmental restoration initiatives, yet parallel applications of these values in performance assessment have been limited. Incorporated into traditional economic models, such values...
Persistent link: https://www.econbiz.de/10011043726
A nationwide contingent-valuation survey of consumer preferences for consumer fuel blends E-10 (a blend of 10% ethanol and 90% gasoline for use in standard vehicles) and E-85 (a blend of 85% ethanol and 15% gasoline for use in flex-fuel vehicles) was conducted to estimate willingness to pay...
Persistent link: https://www.econbiz.de/10008483070
We test the hypothesis that respondents stating divergent reasons for choice uncertainty differ in their probability to vote yes in a CV setting. We introduce the use of a follow-up question used to classify uncertain respondents according to reason for uncertainty. Results indicate that...
Persistent link: https://www.econbiz.de/10009194634
An analysis of corn stover utilization as an energy feedstock was conducted for southern Minnesota to determine if any economic incentive existed to encourage corn stover harvest beyond USDA-NRCS tolerable soil loss levels. Results indicate that only if the number of conversion facilities in the...
Persistent link: https://www.econbiz.de/10010613713
Research addressing Gulf hypoxia has failed to account for agricultural drainage, the major pathway of nitrate loads in Upper Midwest states. Focusing on two Minnesota watersheds, simulation results were combined with a constrained-optimization model to evaluate the cost-effectiveness of...
Persistent link: https://www.econbiz.de/10010613852
We combine household-level data on the choice to purchase flood insurance with experiment-based risk preference data and subjective risk perception data. The sample covers a wide geographic area (the entire U.S. Gulf Coast and Florida's Atlantic Coast) and includes individuals exposed to varying...
Persistent link: https://www.econbiz.de/10010705590