Although previous empirical studies have found relationships between patent characteristics and value, none have determined how specific attributes relate to auction value or even the probability of a successful auction sale. Using a Heckman two-step model, we regress thirteen independent...

The aim of this paper is to examine the feasibility of identifying an appropriate rail scarcity charge which would make operators pay for their use of rail capacity in line with the opportunity cost of the use of these slots and to give some idea of the likely effects of such charges. The way in...

With growing interests and concerns about nutrition and health, it has become increasingly important to understand what is preferred – extending consumer expenditure dollars towards organic or towards local food products. We address this issue by evaluating the perceptions of North...

Consumer preferences for local and organic food in North Carolina have been steadily growing over the past decade. In order to measure the attitudes and preferences associated with the decision to select organic over local or vice versa, we first use qualitative methods to gain more knowledge in...

This paper reports on a study which seeks to improve our understanding of how people choose between different kinds of flight at competing airports, and how their choices are affected by access conditions. In particular, using stated choice data collected in Scotland, it investigates whether...

In 2011, philanthropic giving to higher education institutions totaled $30.3 billion, an 8.2% increase over the previous year. Roughly, 26% of those funds came from alumni donations. This article builds upon existing economic models to create an econometric model to explain and predict the...

In Britain, capacity charges are levied on train operators to cover the costs imposed by increased reactionary delays - i.e. the delay that an already late train causes to a following train. These charges are based on the link between capacity utilisation and the level of reactionary delay. An...