This note compares project evaluation rules for large projects by Negishi and Harris and points out that the extensions by Harris depend on his implicit weakening of the criterion for potential welfare improvement compared with Negishi's original welfare criterion.

This analysis presents a joint logit probability model in which, for the first time, the household's current housing tenure choice and expected co-residence with its children are hypothesized to be simultaneously determined. Empirical analysis indicates that there is a positive correlation...

We conducted an experiment to examine the performance of the bilateral trading institution in GHG emissions trading. First, we found that the efficiency of bilateral trading is quite high, regardless of the disclosure or closure of contracted price and/or marginal abatement cost curve...