This paper combines data from a double-bounded referendum contingent valuation survey and a travel cost survey. Rather than linking the two data sets through a common utility function, as in Cameron (1992) and Niklitschek and Leon (1996), we link them through the expenditure difference function....

Over the last 5 years the air quality in Taiwan’s cities has gradually improved. Part of the credit for the improvement has been given to the air emission fee program that was first implemented in 1995. Before then, the traditional command-and-control program and tax-allowance subsidy were the...

Sustainable development is argued to exist in weak and strong versions. Although the use of a property rights and contractual approach has been well understood in the case of weak sustainable development, the approach has been virtually ignored in the strong version. This paper formulates a...