Showing 1 - 10 of 10
Environmental policy analyses increasingly require the evaluation of benefits from large changes in spatially differentiated public goods. Such changes are likely to induce general equilibrium effects through changes in household expenditures and local migration, yet current practice "transfers"...
Persistent link: https://www.econbiz.de/10009445438
This brief paper offers comments on the draft of the US Management and Budget’s revision to Circular A-4, on Regulatory Analysis. Circular A-4 was written in 2003. It was an excellent document for its time, bringing to bear the most up to date economic data and understanding of the economy....
Persistent link: https://www.econbiz.de/10015270257
The goal of this paper is to analyze consumer demand in markets with large price uncertainty. We develop a demand model for goods that are subject to habit formation. We show that consumption plans of forward looking individuals depend not only on preferences and current period prices, but also...
Persistent link: https://www.econbiz.de/10009441284
This article summarizes the conceptual development and empirical implementation of the travel cost recreation demand model by (J) describing its theoretical underpinnings, (2) outlining how theory must be adapted for the needs imposed by available data. (3) explaining issues to be considered in...
Persistent link: https://www.econbiz.de/10009444640
The performance of quasi-experimental methods applied to changes in non-market goods depends on the ability of reduced form models to accurately measure willingness to pay. When exogenous changes are non-marginal, the accuracy of the reduced form approximations is not well understood. Further...
Persistent link: https://www.econbiz.de/10009444746
In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the Panel's deliberations was a report that laid out a set of...
Persistent link: https://www.econbiz.de/10009445427
In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the panel's deliberations was a report that laid out a set of...
Persistent link: https://www.econbiz.de/10009445493
The past few years have seen a highly charged debate about whether contingent valuation (CV) surveys can provide valid economic measures of people's values for environmental resources. In an effort to appraise the validity of CV measures of economic value, a distinguished panel of social...
Persistent link: https://www.econbiz.de/10009446696
The first chapter of my thesis develops and estimates a dynamic structural partial equilibrium model of schooling and work decisions.  The estimated model explicitly accounts for the simultaneous choice of enrolling in school and working.  It also allows for endogenous leisure choices,...
Persistent link: https://www.econbiz.de/10009428837
In this dissertation, I develop empirical methods, built on the recent advances in industrial organization, to study charitable giving and fundraising in the charity market. In the first essay, we propose a multiple discrete choice model with differentiated charitable products and estimate the...
Persistent link: https://www.econbiz.de/10009428924