Implementation of many policies intended to reduce fuels’ contribution to global warming require an estimate of the global warming intensity (GWI) of various fuels. Determining the climate effect of a direct substitution of fuels is not the same as determining the official value of each...

Though standard accounting practice requires that all assets of a firm be manifest in accounts, an exception to this principle allows museums to omit their entire collections from their balance sheets. As the collection of any top-rank museum has more value than the rest of a typical museum's...

This paper was commissioned for a plenary session at the Association for Cultural Economics International 2008 Research Conference recognizing the 25th anniversary of the publication of Patrons Despite Themselves: Taxpayers and Arts Policy. It proposes five quot;big questionsquot; to which arts...