The safe minimum standard (SMS) is a decision rule to preserve renewable resources, unless the social costs of doing so are intolerable. While unpersuasive to many, support for the SMS has been advocated by some economists for settings involving irreversibility and a high degree of uncertainty....

Meta-analysis is used to investigate systematic variation across Environmental Kuznets Curve (EKC) studies. Based on 588 observations, modeling results indicate that data characteristics, study methods, estimation techniques, and the chosen environmental quality degradation measure all...

Given potential growth in outdoor rock climbing and its concentration on public lands, the management of climbing access in wilderness areas is an issue of considerable national controversy in the United States. A proposed rule change by the U.S. Forest Service (USFS) would prohibit the use of...

We use a laboratory experiment to elicit discount rates over a 20-year time horizon using government savings bonds as a payment vehicle. When using a constant (exponential) discount rate function, we find an implied average discount rate of 4.9 %, which is much lower than has been found in...

A seemingly unrelated Poisson regression model is proposed as an alternative to single equation Poisson models for joint estimation of revealed preference (RP) and contingent behaviour (CB) trip demand. Findings indicate that RP and CB data should be estimated jointly.

It has been often noted (McDowell and Melvin, 1983; Barnett et al., 1988; Piette and Ross, 1992; Sutter and Kocher, 2004) that the share of co-authored papers in economics has been increasing steadily. The purpose of this study is to investigate some of the theories as to why co-authorship has been...