This article develops a model of intellectual labour augmentation to explain both the marriage wage premium and educational assortative mating. We suggest that husbands and wives are complementary factors of production where a spouse's education and skills augment their partner's productivity...

This article explores the dilemma of choosing talent using NBA data from 1987 to 2003. We find there is much uncertainty in selecting talent. If superstars are found, they are usually identified early. However, more false positives exist than correct decisions with high draft picks. Our results...

This paper estimates the value of king mackerel bag limit changes with both stated and revealed preference methods. The 1997 Marine Recreational Fishery Statistical Survey allows estimation of the value of avoiding bag limit reductions with the random utility model and the contingent valuation...

The US Fish and Wildlife Service's (USFWS) National Survey of Fishing, Hunting and Wildlife-Associated Recreation (FHWAR) has been a source of information on wildlife-related recreation since 1955. The contingent valuation method has been used to estimate willingness to pay for recreation trips...