The Handbook on Contingent Valuation is unique in that it focuses on contingent valuation as a method for evaluating environmental change. It examines econometric issues, conceptual underpinnings, implementation issues as well as alternatives to contingent valuation. Anna Alberini and James Kahn...

This paper considers the retail water provider’s purchasing decision of a portfolio of permanent contracts from wholesalers with multiple volatile water sources. We consider the reliability of two contract types: (1) fixed annual quantities, and (2) an inflow harvest function with storage. Our...

While the United States is perceived to be the world leader in applying economic instruments to reach pollution reduction targets, many other OECD and East European countries are also applying these tools. And though much has been written about the US experience—offsets, bubbles, netting,...

"Core disgust" is a food related emotion that is rooted in evolution but is also a cultural product. Seven categories of disgust elicitors have been observed in an American sample. These include food, animals, body products, sexual de viance, body-envelope violations, poor hygiene, and contact...

Metaphors are increasingly recognized as influencing cognition and consumption. While these linkages typically have been qualitatively generated, this article presents a framework of convergent quantitative methodologies that can further document the validity of a metaphor. To illustrate this...

We provide systematic evidence for the range and importance of hedonic reversals as a major source of pleasure, and incorporate these findings into the theory of benign masochism. Twenty-nine different initially aversive activities are shown to produce pleasure (hedonic reversals) in substantial...