The impact of landmark designation on prices of the property and its neighbors sits at the core of the policy debate and empirical research on historic preservation. Yet these studies suffer from serious methodological limitations and biases. First, as important unobserved characteristics likely...

This research tests the impact of changes in fuel price to explain fuel use by electric utilities. We employ a three-stage least squares model that explains changes in fuel use as a function of changes in three fuel prices. This model is repeated across sub-samples of data aggregated at the...

Most earlier models of residential sorting employ a 'featureless plain', paying little attention to cities' physical environments. The empirical question of physical features mitigating neighbour externalities remains largely unexplored. This article adds to the literature by considering the...

Cultural heritage is a complex and elusive concept, constantly evolving through time, and combining cultural, aesthetic, symbolic, spiritual, historical and economic values. The Handbook on the Economics of Cultural Heritage outlines the contribution of economics to the design and analysis of...

This article gleans important lessons for environmental justice (EJ) policy from the empirical literature and demonstrates them using EJ analyses of Superfund sites. It constructively critiques the EJ literature and suggests some future directions for designing policy and framing the discourse....

The United States Federal Emergency Management Agency (FEMA) provides funding to state and local governments as well as tribes and territories (SLTTs) through its Flood Mitigation Assistance (FMA) Grant Program to engage in flood risk management efforts. Although all communities are susceptible...