This paper briefly examines the effectiveness of photo radar, or the use of automatic camera-equipped traffic monitoring devices, in reducing road fatalities and collisions. Photo radar has become a controversial subject among the driving public, largely due to its tendency to produce...

With worldwide concern for how and where to dispose of household waste, policy-makers are increasingly looking for tools to efficiently and effectively reduce the amount of waste households produce. Using a comprehensive household-level data set involving 10,251 respondents from a cross-section...

It has long been recognized in economics that individuals can derive benefits from a resource stock without directly or indirectly utilizing that resource. Such non-use values, including existence values and bequest values, however, are often ignored in models of resource management. In this...

Households have choices when it comes to reducing waste sent to landfills: reduction of consumption or packaging, reuse of goods purchased, or recycling. In this paper, we adopt a holistic approach to the analysis of these choices as separate but related facets of households' waste management...

In a game of endogenous trade agreements, we examine whether the pursuit of free trade agreements (FTAs) affects the prospects of global free trade differently than the pursuit of customs unions (CUs). Our analysis is driven by a fundamental difference between these two types of preferential...

A simple, two-country theoretical model of transboundary fishing conflicts in which one country has a nonlucrative incentive to conserve the fish stock is presented to examine the effect of such a conservation motive on the steady state stock level and to analyze how this stock level is affected...

The economic advantage of constructing and operating large-scale landfills over small-scale landfills has been used to justify regional landfills as a solution to the municipal waste disposal problem. In addition to the dampening effects on social efforts to divert waste away from landfills,...

We critically examine the implications of the most favored nation (MFN) clause under asymmetric environmental standards. Using an oligopolistic intra-industry trade model, we show that environmentally beneficial trade diversion and higher world welfare obtain under tariff discrimination relative...

As the world is becoming more globalized and international trade agreements proliferate, there is a rising concern that trade liberalization may be detrimental to the environment. In a seminal paper Antweiler, Copeland, and Taylor (2001) identify three channels through which may trade affect the...