Many public goods may be characterized as having multiple provision points. These goods are provided in discrete rather than continuous quantities and only if specified minimal levels of funding are attained. This chapter describes an experiment that examines allocations to a multiple provision...

This research examines the stock markets' evaluation of unrecognized nuclear decommissioning costs (NDC) of investor-owned utilities. Current practice is to defer complete recognition of a liability for nuclear decommissioning until the end of the nuclear facility's life. Many in the industry...

We show that observed choices in discounting experiments are consistent with roughly one-half of the subjects using exponential discounting and one-half using quasi-hyperbolic discounting. We characterize the latent data generating process using a mixture model which allows different subjects to...