This working paper addresses the issues: 1) whether there is a simultaneous equations problem when estimating demand for water with multipart rate schedules and, if there is one, what techniques should be used to correct for it; and 2) whether average or marginal price is the relevant measure in...

This working paper develops upon the idea that economic analysis has a definite role to play in informing decision makers about the desirability of going ahead with an investment project designed to improve environmental quality and also that the role of precision in this matter is not trivial....

This paper (ENV-126) was originally presented at a National Science Foundation Workshop on Alternatives to Traditional Contingent Valuation Methods in Environmental Valuation, held at Vanderbilt University, Nashville Tennessee, on October 15-16, 1998. This paper reviews the past ten years of the...

This working paper contains a review and analysis of environmental policy tools in Latin America. It contains a review of the instruments themselves and their properties are discussed in both static and dynamic contexts. The report brings together the institutional and more narrowly economic...